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 of Properties’ 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 Indian Real Estate, Consumer court, Mumbai, consumer forum, Property Registration, Indian Property, flat, Builder, harassment, property possession, environmental clearance on October 27, 2009 | Leave a Comment »
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 [...]
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 [...]
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 [...]
What is the normal procedure for filling a case in consumer court?
Posted in Bangalore, Builder, Buy Real Estate, Consumer Act of India, Consumer court, India, Indian Property, Indian Real Estate, Karnataka, Possession, Property Registration, Real Estate, Residential Property, Sale of Properties, atoneplace.com, banglore on June 30, 2009 | Leave a Comment »
Question asked by Mr. Surya Mishra from Bangalore :
Hello, I am thinking of buying a property in Bangalore, but horror stories from people have scared me so long. I need some advice regarding various scenarios faced by my friends and how to resolve them.
1. The builder arbitrarily scraps the project and refuses/delays to pay [...]
Can a non-convertible agricultural land be bought if the seller has agreed to issue general power of attorney?
Posted in Agricultural, Agricultural Land, Buy Real Estate, Conversion of land, India, Indian Property, Indian Real Estate, Property Registration, Real Estate, Sale of Properties, tagged Agricultural Land, general power of attorney, Indian Real Estate, lawyers, non-convertible land, Property documents, Property Registration, revenue on June 30, 2009 | Leave a Comment »
Question asked by Mr. Bramhabid Mishra:
Hello sir, this is Om here. Im looking forward to purchase a piece of land in the annikel taluk. The land is in agriculture category spread over around 1700 sq. ft. As I came to know that it is not convertible due to ban on conversion. So please help [...]
Is it mandatory to go have Katha certificate issued by BMP / BBMP for buying a property in Bangalore?
Posted in Bangalore, Bank, Builder, India, Indian Property, Indian Real Estate, Karnataka, Khata, Loan, NRI, Real Estate, Residential Property, Sale Deed, Sale of Properties, atoneplace.com, banglore, legal, tagged Bangalore, khatha, Real Estate, Residential Property, Sale Deed, Tax on June 27, 2009 | 1 Comment »
Question asked by Kiran from Florida, USA:
Sir/Madam,
I was going through some of the posts at your website.
I have an issue and require your assistance.
I am Kiran living in Florida, USA.
I wanted to buy a 3-Bed Rood apartment in Bangalore.
We checked the documents provided by the builder with a lawyer and as we got a [...]
