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Loan on Land

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Icon Mini Profile haridas_badhe





Joined: 11 May 2009

Posts: 59

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Post Posted: Wed Jun 17, 2009 8:45 am    Post subject: Loan on Land
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Hi,
one of my friend going to buy land which is not for agriculture
comes in urban area.For land he is think about loan.I heard for agri land interest on loan is less so can he show this land is agriculture land...

Please suggest..!!

Thanks In Advance..!
Icon Mini Profile gmakerley
gmakerley
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Joined: 09 Nov 2007

Posts: 12346
Location: bloomfield, ct
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Post Posted: Wed Jun 17, 2009 9:37 am    Post subject:
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come on now...how in the world can anyone claim that urban land is going to be used for agricultural purposes? and oh by the way, what is the chance that said land is zoned in that fashion?

get real, haridas.

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