9911080404 "No MAP, No Problem: Delhi's LAP Solution
Getting a Loan Against Property (LAP) without a map in Delhi might seem impossible at first, but with the right approach, it's absolutely achievable. Many property owners in Delhi, especially in areas like Uttam Nagar, Sangam Vihar, or parts of East and North Delhi, face challenges because their property lacks official layout approval or sanctioned maps. But that doesn’t mean your property is worthless in the eyes of lenders. What is a "Map" and Why Do Lenders Ask For It? A map, in this context, refers to the sanctioned layout plan of your building or land, approved by local municipal authorities like MCD or DDA. Banks and NBFCs usually request it to confirm legal construction and ensure the property's resale value. Properties without maps are often labeled as "unapproved" or "unauthorized," making traditional lenders hesitant. Can You Still Get a LAP Without Map in Delhi? Yes, you can. While many traditional banks might reject such ap...