State Bank of India - Sanctioning of House Building Loan without checking of proper Builder’s Paper-Re
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Complaint by: rakesh on December 29, 2014, 9:13 pm in Real Estate

To,

General Manager,
State Bank of India, Hyderabad.

Dear Sir,

Sub. – Sanctioning of House Building Loan without checking of proper Builder’s Paper-Reg.

We were sanctioned house building loan in 2009 without inspecting builder’s(Aliens Developers Private Limited) document and paid money to builder without progress and without registration of property resulting loss of our principal amount Rs.1851713/- + Rs.1587500/- as builder did not make our apartment till now. Loan sanction details are as follows –

(1) - Builder – ALIENS DEVELOPERS PRIVATE LIMITED
Tellapur – Village. Ramchandrapuram - Mandal.
Medak – District. (Hyderabad) – 502032.
DGPA’S Document no.-23198/06 dated 07/10/2006,
22230/06 dated 07/10/2006 and 13321/07 dated 23/062007
HUDA Permission no. 621/P4/plg/HUDA/2008 dated 11/04/2008.

(2) – Customer –
(A)
SBI Home Loan A/C No. 30********5
Loan sanction amount – Rs.24, 34,000/-
Loan taken amount – Rs.11, 11,028/-dated 12/09/2009
Aliens reference no. - Flat no.601in station#1vide A9/SS/959 dated 23/06/2009
SBI TRIPARTITE AGREEMENT Date – 12/09/2009 by AGM, RACPC, SBI, Hyderabad
(B)
SBI Home Loan A/C No. 31038291213
Loan sanction amount – Rs.19, 32,000/-
Loan taken amount – Rs.600000/-dated 08/02/2010
Aliens reference no. – Flat no. 420 in station#4 vide A9/SS/918 dated 23/05/2009
SBI TRIPARTITE AGREEMENT Date - 06/02/2010 by AGM, RACPC, SBI, Hyderabad.

We have paid entire loan amount to bank and got our original AOS.

Hence I request you to please look into the matter and do the needful to get our apartment or principal amount with interest. I had taken home loan from SBI considering it Government of India and I am also government officer invested my whole life hard earned money.

Thanks.

Complainant's Goal: TO GET OUR APARTMENT
Complainant's Target: State Bank of India
Complaint Location: IndiaAndhra PradeshHyderabad
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