What should be done if the builder is demanding extra money for an apartment?

Question asked by Mr. Siddharth from Mumbai, India:
Hi, I need your guidance.
I had booked a flat 2.5 years back from a reputed builder in Mumbai. Even though I have already paid all the amounts as agreed and mentioned in the registration document, the builder is not giving possession of the flat. He wants additional [...]

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Can the bank change loan records for a property only after the divorce is complete?

Question asked by Pratibha from India:
Hello, my husband and I are filing for divorce soon. We have an apartment and a plot in joint name which was registered under both our names. The housing loan has my husband as the primary borrower and me as the secondary borrower.
As a result of a mutual agreement the [...]

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Will I become party to evasion of stamp duty?

Question asked by Anonymous:
Hi I have a question to ask. I bought a house from Builder in Hyderabad in August 2006. The agreement of sale was for 33 lakhs. The registry was done at a lower cost 18 lakhs in august 2006 itself. The flat was under construction that time. I also took [...]

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Can I gift the property to someone on which I have taken a loan?

Question asked from India:

Hello,
I have purchased a flat though loan and the loan is not yet closed. Is it possible to gift the flat to my father through gift deed and still can i pay the loan amount. Please clarify.
Regards
Vatsala’s Answer has been moved to our new site

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What can be done if a developer does not meet the terms & conditions he has agreed upon in the agreement signed?

Question asked by Mr. Rahul from Bangalore :
Dear Vatsala,
First of all thank you for your time, I got to know about your website through my friend and I would like to have your advise about one thing .I was about to book a flat in Bangalore and paid him 1,00,000 Rs since he did [...]

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What Does It Legally Mean When One’s Name Is Shown As A “Nominee” On The Property Documents?

Question asked by Ms. Yamini Mehta :
Dear Sir/Madam, I saw your real estate property advertisement in the news paper. I will very much appreciate your immediate reply in the following matter. I have following questions about Indian property – real estate and family or any other applicable laws and procedures in the state of Maharashtra [...]

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What Action Can Be Taken Against The Builder If He Doesn’t Forms A Co-operative Housing Society?

Question asked by Mr. Kishore Barve from Nagpur:
Hello Sir, I am living in a building with 6 flats in Nagpur for last 8 years. The builder of this building also stays on the ground floor flat which has a independent entrance. For 8 years the builder has not formed a Co-operative housing society and so [...]

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Can A Builder Ask For VAT And Service Tax Even If He Didn’t Mention About Them At The Time Of Sale?

Question asked by Mr. Amrendra Singh from Bangalore:
Hi I came to know about u from some of my friends.
Now the problem I am facing is as below.
1. I had bought a flat in Bangalore from the builder “UKN Esparanza “ some 3 months before and at the same time we have applied for the loan [...]

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How Can One Get Back His Booking Amount If The Developer Is Not Meeting His Agreed Terms & Conditions?

Question asked by Mr. Amardeep from Delhi:
Hi, I am Amardeep .I am writing to you in great faith. I have the following query.
In the year Nov, 2006 I invested for a flat in a pre launch project in Faridabad in Delhi-NCR. In Nov.2006 I paid 2.55lacs as first Installment. In Jan 2007, I paid another [...]

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Can A Person From Non-Farming Background Buy Agricultural Land?

Question asked by Mr. SV Mohan Kumar from Bangalore:
Hi, his is Mohan from Bangalore, Karnataka. I Want to buy a agriculture Land but I am not from a Farming Background , We don’t have any Agriculture Land , but I want to buy Land and Start Agriculture , My Parents or My Grand Parents are [...]

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