Results for #Bangalore
Legal
#loan#bangalore#agreement#construction#sell
My brother bought a house on loan in Bangalore and completed the loan tenure after which LIC returned the sale deed but did not return the original sale agreement and the construction agreement, we did not bother then. Now when we are willing to sell the flat the bank giving the loan to the buyer is asking for these documents, what do we do in this case? We tried contacting LIC but they said that they destroyed old documents.
My brother bought a house on loan in Bangalore and completed the loan tenure after which LIC returned the sale deed but did not return the original sale agreement and the construction agreement, we did not bother then. Now when we are willing to sell the flat the bank giving the loan to the buyer is asking for these documents, what do we do in this case? We tried contacting LIC but they said that they destroyed old documents.
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Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
You would have to give indemnities to the Buyer for the loss of the original documents and the Bank granting the loan to the Buyer would have to be satisfied with such indemnities and should also be satisfied that the loss of such documents does not affect your title to the house.
Legal
#rise#bangalore#loan#sell#property
I purchased an apartment in a high rise building of Bangalore for which I got home loan financed from HDFC. I now wish to sell the property. At the time of registration I gave the Power of Attorney to my brother as I was not in India that time. My brother took care of the possession and the registration of the house. I would like to know if I want to sell this apartment, do I need to transfer or change the documents in my name as all the registration documents include my brother's signatures?
I purchased an apartment in a high rise building of Bangalore for which I got home loan financed from HDFC. I now wish to sell the property. At the time of registration I gave the Power of Attorney to my brother as I was not in India that time. My brother took care of the possession and the registration of the house. I would like to know if I want to sell this apartment, do I need to transfer or change the documents in my name as all the registration documents include my brother's signatures?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
The registration and sale of the property by your brother on the basis of the Power of Attorney executed by you is merely as an agent on your behalf and as such there is no requirement of you changing any documents in connection with the apartment acquired by you through your brother and on the basis of the Power of Attorney executed by you in favour of your brother.
Legal
#property#bangalore#documents#ownership#valid
I have purchased a property in Bangalore in 2006 & have all the legal documents in my name. Suddenly BDA people wants to fence my property without any prior notice. I wanted to know that how can I confirm the legal ownership? Can I take stay order and how long will this be valid? I am not aware of the legal proceedings and so I do not know if I am in safe hands.
I have purchased a property in Bangalore in 2006 & have all the legal documents in my name. Suddenly BDA people wants to fence my property without any prior notice. I wanted to know that how can I confirm the legal ownership? Can I take stay order and how long will this be valid? I am not aware of the legal proceedings and so I do not know if I am in safe hands.
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
You can file a suit or writ petition against BDA from interfering with your possession of the property and to restrain them from taking over the possession of the property without following due process of law or in the alternative you can file a suit on the basis of your title before the civil court in Bangalore.
Legal
#bangalore#construction#delhi#builder#applicable
I have purchased an apartment in Bangalore, which is still under construction. Recently, Delhi High Court ordered Service Tax Exemption for under construction properties. When I asked my builder regarding the same, he said it is not applicable to the properties in Bangalore so I asked him for a justification which he will give me soon. I want your opinion in knowing if this is possible.
I have purchased an apartment in Bangalore, which is still under construction. Recently, Delhi High Court ordered Service Tax Exemption for under construction properties. When I asked my builder regarding the same, he said it is not applicable to the properties in Bangalore so I asked him for a justification which he will give me soon. I want your opinion in knowing if this is possible.
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
The order passed by the Delhi High Court would not apply to properties located in Bangalore, unless similar orders are passed by the Kartanaka High Court or the Supreme Court for properties located in Bangalore.
Legal
#flat#bangalore#owner#poa#relatives
I am willing to buy a flat in Bangalore, but the owner is in USA. He has given the POA to his relatives and they are willing to do the sale deed. But according to Supreme Court norms the sale deed is not allowed through the POA. What can I do about this? Please suggest.
I am willing to buy a flat in Bangalore, but the owner is in USA. He has given the POA to his relatives and they are willing to do the sale deed. But according to Supreme Court norms the sale deed is not allowed through the POA. What can I do about this? Please suggest.
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Sale Deed through Power of Attorney lawfully executed in the manner recognised by law is not barred and the judgment of the Supreme Court is in fact on the different issue altogther.
Legal
#flat#bangalore#owner#attorney#relatives
Hi, I am planning to buy a flat in Bangalore but the owner of this flat is in US and he has given the Power of Attorney to his relatives. I wanted to know how safe is it to buy a flat in this scenario since the POA of this flat was made in New York's Indian Embassy. Does the owner have to locally register the POA here in India before executing the process of transfer and what will be the registration amount?
Hi, I am planning to buy a flat in Bangalore but the owner of this flat is in US and he has given the Power of Attorney to his relatives. I wanted to know how safe is it to buy a flat in this scenario since the POA of this flat was made in New York's Indian Embassy. Does the owner have to locally register the POA here in India before executing the process of transfer and what will be the registration amount?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
A power of attorey executed before the Indian Embassy in USA in a manner recognised in law and forwarded to India and duly adjudicated and stamped can be lawfully used to transfer the flat.
Legal
#villa#builder#bangalore#land#landowner
I am planning to buy a villa from a builder in Bangalore. The land is under landowner share. All the land required for the villa has already been sold out. What is the risk for this purchase? The builder is also under JDA.
I am planning to buy a villa from a builder in Bangalore. The land is under landowner share. All the land required for the villa has already been sold out. What is the risk for this purchase? The builder is also under JDA.
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
If the Villa forms part of the land Owner's share, then a Tri-partite agreement bettween the land Owner, the Builder and yourself can be executed, where the builder confirms tha the Villa forms part of the land owners share and further, the land owner agrees to sell the same to you. If the tile of the land Owner is clear and the JDA is properly executed and registered, then the risk would only ...
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Legal
#bangalore#registration
I had bought a revenue plot in 1986 in Bangalore. There was no registration at that time so seller just gave me a GPA with all the details. Now, 20 years later, the seller is refusing to do the registration and refusing to identify me. There were also multiple deeds that happened in this time. What can I do about this?
I had bought a revenue plot in 1986 in Bangalore. There was no registration at that time so seller just gave me a GPA with all the details. Now, 20 years later, the seller is refusing to do the registration and refusing to identify me. There were also multiple deeds that happened in this time. What can I do about this?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Registration was always a requirement even in 1986 and as such if the transaction relating to the plot has not been registered and if the owner is not co-operating for registration now, the only option is to file a suit before a competent civil court for declaration of title to the plot.
