Results for #Hyderabad
Legal
#land#hyderabad#advice#loan#loans
I am a 24 year old independent working professional. I am aspiring to buy a plot of land in Hyderabad under DLF builders. I wanted to seek your advice regarding this decision and what kind of procedures should I take care of. I am planning to take a loan of approximately Rs. 11 lakhs and also, currently I don't have any loans on me.
I am a 24 year old independent working professional. I am aspiring to buy a plot of land in Hyderabad under DLF builders. I wanted to seek your advice regarding this decision and what kind of procedures should I take care of. I am planning to take a loan of approximately Rs. 11 lakhs and also, currently I don't have any loans on me.
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Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
You will have to conduct a thorouh due diligence of the title of the developer and thereafter apply for loan from any bank offering the best rate of interest for such transaction.
Legal
#villa#hyderabad#buying#attorney#buyer
I live in Houston, Texas. I own a villa in Hyderabad, someone is interested in buying it. Can I give the power of attorney to my mother and go ahead with this sale? The buyer is concerned about the validity of the agreement. I won’t be able to be there physically for a long time. What do I do about it?
I live in Houston, Texas. I own a villa in Hyderabad, someone is interested in buying it. Can I give the power of attorney to my mother and go ahead with this sale? The buyer is concerned about the validity of the agreement. I won’t be able to be there physically for a long time. What do I do about it?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Yes, you can give a POA to your mother to conclude the sale on your behalf. The POA can be executed by you before the Indian Embassy in USA and the same can then be forwarded to Hyderabad for adjudication and payment of stamp duty and thereupon your mother can utilise the same for concluding the sale. The buyer would get good title if the transaction is concluded by your mother on your behalf a...
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Legal
#land#hyderabad#property#registered#documents
We are looking to buy a plot of land in Hyderabad. The plot is in the name of a lady who passed away some time ago. She left behind her husband and two minor daughters. If we want to get this property registered in our name, what documents do we need? Also, can the registration be done by the husband by proving the lady's death?
We are looking to buy a plot of land in Hyderabad. The plot is in the name of a lady who passed away some time ago. She left behind her husband and two minor daughters. If we want to get this property registered in our name, what documents do we need? Also, can the registration be done by the husband by proving the lady's death?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
Depending on the religion of the owners, the property would come to the share of the husband and the two minor daughters (if they are hindus) and the Husband for self and as father and natural guarding of his minor daughters can execute the sale deed in your favour and can also register the same. However, it would be better to cause the Husband to obtain Letters of adminsitration from a Court o...
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Legal
#land#hyderabad#aware
Hi, I have a land in Hyderabad for which one of the builders have approached me to develop it. What all procedures should I look in to in order to be aware before I can trust him? Also, he is offering a 50-50 ration which is the rate for that area. Please advise me on what should I do now?
Hi, I have a land in Hyderabad for which one of the builders have approached me to develop it. What all procedures should I look in to in order to be aware before I can trust him? Also, he is offering a 50-50 ration which is the rate for that area. Please advise me on what should I do now?
Dhiren Shah,Advocate & Solicitor
291 Answered
Answered on November 08, 2017
You have to ensure that the developer has a good reputation in market and has delivered on his past commitment and further the terms and conditions agreed between and the developer should be expessly set out in the Agreement executed by you with the developers and should also provide for consequence for breach and/or default by the developer. You should engage the services of an Advocate for th...
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