bank loan - what expenses will not be covered

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dev13
Posts: 52
Joined: April 14th, 2011, 9:01 pm

bank loan - what expenses will not be covered

Post by dev13 »

I am planning to contruct on a plot, and I have home loan with HDFC...
please let me know which construction expenses are typically not reimbursed by the bank....

1) Archtiect fee
2) BWSSB/BESCOM deposits
3) BBMP plan sanction/commencement deposits
4) interior fittings such as electrical equipment and white(electonic) goods


anyone experienced in this, please share.
Rajj
Posts: 11
Joined: June 6th, 2011, 3:09 pm
Location: Bangalore

Re: bank loan - what expenses will not be covered

Post by Rajj »

Hi Dev,

None of these mentioned will be covered by bank. only construction expenses from Plinth level till completion is been calculated
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