Sabal Rukhana
Questions Asked
| 
Answered on November 08, 2017
Property Register Card and CTS Plan are Revenue Documents or Records of Title held by Government Revenue Department which has Records of the Status of the Land and Title as per theie Records.
Purchase & Sales
#property#sell
My wife owns a 300 sq. yard property which she wishes to sell. She owns this property from the time before we got married. Do i also need to sign as a seller, now that we are married?
My wife owns a 300 sq. yard property which she wishes to sell. She owns this property from the time before we got married. Do i also need to sign as a seller, now that we are married?
Answered on November 08, 2017
Only the owner of the property needs to sign as a seller, independent of the marital status of the seller
Purchase & Sales
#buying#flat#furnish#interiors#builder
While buying a new flat, if I prefer to furnish the flat myself versus accepting the standard interiors provided by the builder, can I negotiate a rebate for not using the builder's furnishings?
While buying a new flat, if I prefer to furnish the flat myself versus accepting the standard interiors provided by the builder, can I negotiate a rebate for not using the builder's furnishings?
Answered on November 08, 2017
It is a very subjective call, dependent on the builder. In many cases, builders are ready to offer some rebates for providing a shell flat.
Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
Upon lapse of the registration or on revocation of the registration under this Act, the
Authority, may consult the appropriate Government to take such action as it may deem fit
including the carrying out of the remaining development works by competent authority or by
the association of allottees or in any other manner, as may be determined by the Authority:
Provided that no direction, decis...
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Aahwaana Ramesh
40 Answered
Answered on November 08, 2017
Real estate project needs to be registered with RERA when the project receives IOD or the basic approvals to start construction along with commencement certficate
RERA
#jurisdiction#complaint
Is there any pecuniary jurisdiction for complaint handling Authorities?
Is there any pecuniary jurisdiction for complaint handling Authorities?
Dhvanil Vakharia,Design Engineer
31 Answered
Answered on November 08, 2017
( Source : maharera.mahaonline.gov.in) No. However, geographical jurisdiction may be specified for Chairperson or members of MahaRERA.
RERA
#maharashtra
Which areas of Maharashtra are included in the Planning Area as defined in the Act?
Which areas of Maharashtra are included in the Planning Area as defined in the Act?
Dhvanil Vakharia,Design Engineer
31 Answered
Answered on November 08, 2017
( Source : maharera.mahaonline.gov.in) In accordance with notifications issued by Urban Development Department of Government of Maharashtra, MR & TP Act is applicable to all the districts of Maharashtra. Hence, all areas of Maharashtra a...
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Legal
#property#ideally#divide
My dad passed away a few months ago but he hasn't left any will behind for the property he owns. So how should we ideally divide it among the family members?
My dad passed away a few months ago but he hasn't left any will behind for the property he owns. So how should we ideally divide it among the family members?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
The property will devolve on all the legal heirs of your father in accordance with the laws of intested succession depending on the religion you follow.
Legal
#government#property#worth
I am facing some issues with regards to the guideline values by the government. I had lent 10 lks to a friend, but he couldn't repay it to me so he give me a property which was worth 12 lakhs. The property is 30 lks according to the government guidelines so I am having to pay tax for the difference. Is there a solution to this?
I am facing some issues with regards to the guideline values by the government. I had lent 10 lks to a friend, but he couldn't repay it to me so he give me a property which was worth 12 lakhs. The property is 30 lks according to the government guidelines so I am having to pay tax for the difference. Is there a solution to this?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
No, under the relavent Income tax and Stamp act provisions, stamp duty and income tax is assessed based on the market value of the property. However if the genuine market value is infact Rs.12 Lakhs, then you would have to file appeals challenging the assessment of the property at Rs.30Lakhs before the Stamp authorities first and if the transaction is infact concluded, also before the Income ta...
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