my father has a flat in delhi. can i buy it from him and take a housing loan for paying him?



my father has a flat in delhi and he is residing in bangalore.i want to buy some property.also a housing loan will also give me some concessions on income tax.. can i buy my fathers flat from him and will banks be willing to give a housing loan to me?is there any way of doing this?

my father has a flat in delhi. can i buy it from him and take a housing loan for paying him?
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3 Replies to “my father has a flat in delhi. can i buy it from him and take a housing loan for paying him?”


  1. Deal between blood relations are not eligible for housing loans. I have checked this few years back in LIC HFL and HDFC also.






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