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Q.

I got mhada flat in lucky lottery draw but my age is 54 and my service remain only 6 years so if I tried for home loan the instalment is high so can I take loan on my son name also can I add my son with mhada property

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1 Answers

2 Year

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Hi there,

 

Yes, you can get home loan and buy property as a joint owner if you have won lottery from MHADA. Banks prefer to give home loans to those who apply for a joint loan. So, I dont see why you wont get a loan. But make sure that your son is not a minor and above the age of 18 years. And I believe you can add your son’s name to MHADA property. I hope you find this helpful.

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