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 [...]
Archive for the ‘Sale Deed’ Category
What should be done if the builder is demanding extra money for an apartment?
Posted in Builder, Compensation, Consumer court, India, Indian Property, Indian Real Estate, Jurisdiction, Mumbai, New Construction, Possession, Property Registration, Real Estate, Real estate legal india atOnePlace.com, Registration, Residential Property, Sale Deed, Sale of Properties, citizen of India, legal, tagged Builder, Consumer court, consumer forum, environmental clearance, flat, harassment, Indian Property, Indian Real Estate, Mumbai, property possession, Property Registration on October 27, 2009 | Leave a Comment »
What is the best way to register the part of the property in one’s name, if the property is jointly constructed?
Posted in Bangalore, Construction, India, Indian Property, Indian Real Estate, Karnataka, Khata, New Construction, Property Registration, Real Estate, Real estate legal india atOnePlace.com, Registration, Residential Property, Sale Deed, banglore, tagged Bangalore, Indian Property, Indian Real Estate, joint owner, khata transfer, Property Registration, Residential Property, Sale Deed, title on October 27, 2009 | Leave a Comment »
Question asked by Mr. Vivek from USA:
Hello Vatsala,
This is Vivek from USA. I had a question regarding property registration in Bangalore city. One of my relative has a property in Bangalore. We are jointly constructing the house.
a. what is the best way to register the part of the property in my name?
b. If a building [...]
Can the bank change loan records for a property only after the divorce is complete?
Posted in Bank, Consumer court, India, Indian Property, Indian Real Estate, Loan, Property Registration, Real Estate, Real estate legal india atOnePlace.com, Registration, Residential Property, Sale Deed, Sale of Properties, citizen of India, legal, tagged Apartment, Bank, co-seller, Court, decree, housing loan, Indian Property, Indian Real Estate, joint owner, plot, Property Registration, Sale Deed on October 27, 2009 | Leave a Comment »
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 [...]
Can one repatriate money back to US if in case he has not registered the property in his name?
Posted in Bangalore, Builder, Buy Real Estate, Capital gains, India, Indian Property, Indian Real Estate, Karnataka, NRE account, NRI, Non Resident, Property Registration, Real Estate, Real estate legal india atOnePlace.com, Registration, Repatriate, Residential Property, Sale Deed, Sale of Properties, atoneplace.com, banglore, legal, tagged Bangalore, Builder, Capital gains, car parking, Indian Property, Indian Real Estate, NRE account, NRI, Property Registration, repatriation, Residential Property, sale price on October 27, 2009 | Leave a Comment »
Question asked by Karan Chandran from USA:
Hello, I am an NRI(Indian Citizen – US Green Card Holder) living in the United States. I am in the process of buying a flat with a builder in Bangalore. I have paid about 80% of the flat’s price so far. The price of the flat is around 58 [...]
What is the procedure for re-registering the sale agreement to make spouse as co-owner?
Posted in Bangalore, Bank, Buy Real Estate, Gift deed, India, Indian Property, Indian Real Estate, Karnataka, Parent deeds, Property Registration, Real Estate, Registration, Residential Property, Sale Deed, Sale of Properties, banglore, tagged Bank, co-owner, Gift deed, Indian Property, Indian Real Estate, Loan, Property Registration, Residential Property, sale agreement, Sale Deed, tax benefit, taxation on October 27, 2009 | Leave a Comment »
Question asked by Srijith Menon from Bangalore, India:
Hi, I have purchased a flat in 2006 Nov taking a loan from ICICI bank where my wife is a co-applicant. But the registration was done only on my name since my wife was traveling overseas that time. Now from your columns I understand that to avail the [...]
What are the latest Indian rules for repatriation and what is the procedure to follow?
Posted in Bank, Buy Real Estate, Capital gains, FCNR Account, Indian Property, Indian Real Estate, NRE account, NRI, NRO account, Non Resident, PIO card, Property Registration, Real Estate, Registration, Repatriate, Residential Property, Sale Deed, Service Tax, tagged Capital gains, FCNR, immovable property, Indian Property, Indian Real Estate, NRE account, NRO account, PIO, repatriation, Residential Property, Sale Deed, tax compliance, taxation on October 24, 2009 | Leave a Comment »
Question asked by Mr. Shiva Badruswamy
from New York, USA:
Hello there:
Thank you for being very informative about real estate Indian laws. I am about to inherit a property in India worth roughly $1 million. I am a US Citizen of Indian Origin. I want to sell the property and bring the cash over to the [...]
Will I become party to evasion of stamp duty?
Posted in Bank, Builder, Buy Real Estate, Capital gains, India, Indian Property, Indian Real Estate, Loan, Possession, Premium, Property Registration, Property Tax receipt, Real Estate, Residential Property, Sale Deed, Sale of Properties, Sales Tax, Service Tax, VAT, citizen of India, tagged Builder, car parking, income tax, Indian Property, Indian Real Estate, Loan, registry, Resale, Sale Deed, Service Tax, Stamp Duty, VAT, white money on October 24, 2009 | Leave a Comment »
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 [...]
What can be done if a developer does not meet the terms & conditions he has agreed upon in the agreement signed?
Posted in Bangalore, Builder, Buy Real Estate, India, Indian Property, Indian Real Estate, Jurisdiction, Karnataka, Possession, Real Estate, Residential Property, Sale Deed, Sale of Properties, atoneplace.com, banglore, citizen of India on June 30, 2009 | Leave a Comment »
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 [...]
What is the best method of transaction so that a NRI can pay the minimum capital gains tax, registration tax and is able to repatriate the sale proceeds of a house?
Posted in Capital gains, Capital gains tax, India, Indian Property, Indian Real Estate, NRE account, NRI, NRO account, Non Indian, Non Resident, PIO card, Possession, Real Estate, Repatriate, Sale Deed, atoneplace.com on June 30, 2009 | Leave a Comment »
Question asked by Mr. Vishal Sinha from USA :
Dear Sir, I am an Australian citizen and currently on work visa in USA for the past 2 years. I was born in India and my parents/brothers are settled there and hence I have a PIO (Person of Indian Origin) card. I need to assist my [...]
How can the genuinity of the plots being offered be checked?
Posted in Builder, Buy Real Estate, India, Indian Property, Indian Real Estate, Possession, Property Registration, Real Estate, Residential Property, Sale Deed, Sale of Properties, atoneplace.com on June 30, 2009 | Leave a Comment »
Question asked by Anonymous :
Hi, I recently came across a real-estate blogger who has posted some plots and I am kind of interested in buying one. However, how can I check the genuinity of the plots being offered? Whether it has some legal issues or not and that the developer is the owner and [...]
