What are the sanctioned area Or MCOD approved What are the sanctioned area Or MCOD approved

8 months ago

I recently went to buy the property in anupnagar area and my ICICI bank refused to give loan for particular area even though I was pre approved for loan. They said it was not sanctioned site.
How do I know which areas are in gov plan.. which areas are sanctioned site

Anik

Responded 8 months ago

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A.Dear client,
You will have to visit the official website of your state DTCP for this purpose. You can also visit the local DTCP office for more details.
The DTCP approved layout implies approvals for carrying out planned construction by DTCP concerned as per prevalent building laws and other regulations. These layouts are developed as per the guidelines issued by the DTCP. Some parameters include spacing between structures, essential services nearby, minimum plot sizes, and others.

Notably, a DTCP approved layout is one that gives a full title to a plot. Approved layouts are always recommended for investing in land as unauthorised layouts may come without clear land titles and other risks.
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