Flat Registry and Documentation on my own
Flat Registry and Documentation on my own
I have all the formats for all the documents needed for flat registration in a newly constructed apartment complex. I wanted to know if I can do it on my own without the help of lawyers and If Yes, w
Posted Yesterday
A. Hello Client,
Unfortunately procedure of property registration can not be completed without advocate's signature on your main Deed and Agreement. You can complete rest of the process by your self such as verification of query, payment for registration, process of registration.
Regards
Duplex from 2 unit
Building plan doesn't have duplex, but builder is saying I can use two flats (2nd 3rd floor) and make stairs to make it duplex. Is this legal?
2 days ago
A. Dear Client,
No, it is not legal. Any construction or reconstruction in an already approved building plan requires prior approval of the competent authority, i.e, the Municipal Authority concerned, otherwise you have to face legal consequences/penalties, once it is reported to the Municipal authority, and even resale of said property in future may be at stake.
I plan to sell this property
Situation Overview: Property A: I plan to sell this property in April 2025 and expect to make a capital gain of ₹ 50 Lakhs. Property B: This is an under-construction property that I have booked in
2 days ago
A. Dear Client,
Regardless of the use of the sale proceeds arising out of the sale of immovable property, you have to pay tax on long-term capital gain unless you follow the provision of Section 54 of the Income Tax Act to claim a rebate of tax on LTCG. To claim a tax rebate under Section 54 of the Income Tax Act, a seller of immovable property has to invest the sale proceeds to buy another residential house. The new residential house property should be purchased either one year before the date o ...ReadMore
builder charging a huge amount of One Time lease rent
I bought an under-construction flat in NOIDA Sector 150, as a stupid first time buyer I didn't go through the sale agreement carefully and the builder's representative didn't tell me that the property
3 days ago
A. Dear Client,
In the given scenario, if the under-construction project is a registered project of UP-RERA, then serving a legal notice to the Builder, file a complaint against the builder under Sec.31 of the Real Estate (Regulatory and Development) Act, 2016 before the Adjudication Officer claiming compensation for the deficiency in service and deviation or breach of the condition of BBA/Sale Agreement. If there is any provision for cancellation of booking/allotment in BBA, then based on that pr ...ReadMore
Vidhikarya
Redevelopment of condominium
What if a few apartment deed registrations pending of a condominium. Can builder proceed with DAPA for redevelopment of the same?
5 days ago
A. Dear Client,
If the possession of the apartment was delivered to the buyer before registration of the deed of conveyance which is well accepted determinative factor of ownership and the society allowed the person with provisional membership, then based on the resolution of the society, the developer can execute DAPA (Development Agreement Power of Attorney) with the Society. It is a well-established position that once a person becomes a member of the Cooperative Society, he loses his individual ...ReadMore
Rent agreement
Below statement found in rent agreement. What is meaning of statement from text "Who is owner.........." and is it necessary to keep such complex statement in rent agreement. what is alternative stat
1 week ago
A. Dear Client,
The statement, who is the owner which expression shall unless repugnant to the context or meaning thereof shall always mean and include his heirs representatives and executors and assign of the first part, this might be confusing. The alternative statement can be "Mr. Rahul Manikrao Band, residing at Flat No. 204, D-Wing, Shiv Heights, Nagpur, 440034 (hereinafter referred to as the 'Lessor') which expression shall, unless repugnant to the context or meaning thereof, be deemed to inc ...ReadMore
Vidhikarya
DAGPA of Promoter GPA to others
A Promoter entered a Developmental Agreement -Cum-General Power of Attorney and the same promoter can give a GPA registration for a certain Sale of SFT on behalf of his allotted Share of Flats Before
1 week ago
A. Dear Client,
In the real estate business, a Joint Development Agreement(JDA)-cum- GPA is executed between the Landowner and the Promoter specifying therein all the terms and conditions and the allocation of a percentage or portion of the share of both the parties in the developed property and empowering the Promoter to do all the necessary activities in connection with the development of the land. The promoter sells his share in the said property on the execution of an Agreement to Sale with the ...ReadMore
Vidhikarya
transfer of property on the basis of will
I bought a property from a person (raju) and the property was registered in favor of raju by the development authority on the basis of will after the death of testator. but raju is not he relative or
1 week ago
A. Dear Client,
Hope this reply answers your query. Yes. Legal Representatives have power and right to claim any right and raise any complication in relation to this property.
Vidhikarya
Best way to manage unpartitioned property of heirs
There are 7 legal heirs of a property that cannot be partitioned. I would like to know what is the best way to manage the property for the future. Creating a partnership with the legal heirs as pa
1 week ago
A. Dear Client,
The contents of your query do not transpire the area or measurement of the property that requires to be shared by the seven co-owners in an undivided property. To resolve the issue you may consider a deed of family settlement with mutual understanding and consent for peaceful co-existence. A family settlement deed is a legal document that once executed and signed by all the parties including witnesses and registered under the Registration Act can never be revoked or canceled unilat ...ReadMore
Vidhikarya
Clarity on eligibility for Haryana affordable housing scheme
Sir, I have an apartment in NOIDA, which is under construction since the last 10-11 years, and will take next 1-2 year to get the possession from builder. Am I eligible to apply for affordable housing
1 week ago
A. Dear client,
Going by the eligibility criteria of Haryana Affordable Housing Policy, you must be eligible to apply under Category-III. Your main eligibility is that you should not own any flat or plot in any HUDA-developed colony/sector or any licensed colony in the urban areas of Haryana, UT of Chandigarh, and NCT of Delhi. Since your apartment is in Noida and under construction, hence not covered under the stipulated areas, you should be eligible to apply for the affordable housing project.
...ReadMore
Vidhikarya
