One of my Malasiyan friend wants to buy property at Chennai and requires loan for the same.What to do?

Details required to know formalities to buy a property at Chennai by a Maslsiyan and possobilities of getting loan for the same.

Answer:
Please it is a diffucult question to answer.

However, I would suggest that he goes to
any International Bank in Malayasia, which
has operations in India, and talk to them.

They would guide him properly about the
entire affair. I know for sure that these
Banks lend money for buying properties
in India.

My ex-boss had got the finances as loan
from City Bank to buy a property in India,
(New Delhi). This was in 1987-88. Since
then, lot of liberalisation has taken place.

In case he fails to get a suitable reply,
please ask him to go to State Bank of India
in Malayasis or visit the website of SBI,
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