Owners can be partially restrained from selling property
have access to such information through your credit report that can be accessed through credit information agencies such as CIBIL. Your not disclosing this crucial fact may go against you. If you are not eligible for the desired loan amount, you can always take a joint loan with your parents or spouse who have stable incomes as co-borrowers. the title of the property. There are no tax benefits available on a loan taken to acquire a plot of land. Plot loans are restrictive and available only for nonagricultural plots bought from statutory authorities or approved developers. They are also more expensive and available for shorter periods of five to seven years.