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pooja amit banerji   15 November 2017

I want to transfer property on my husband's name

Sir, I have purchased flat on my name in April 2017 in ahmedabad. At the time of purchase of flat HDFC home loan said you are eligible for 267000 subsidy so purchase flat on female name, now hdfc said this area is not come under urban and subsidy is only in urban area. My salary is not that much that I can avail rebate in tax but my husbands salary is come under taxation and my CA said he can not claim inerest of home loan for tax exemption so please suggest me the way that how can i transfer property on my husband's name so he avail exemption in tax.


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 2 Replies

Kumar Doab (FIN)     16 November 2017

Don’t trust verbal statements in future.

In future transact in writing under proper acknowledgment.

Discuss with lender and check if they agree for proposal of transferring the loan/property in the name of your husband.

Kumar Doab (FIN)     16 November 2017

Or try loan from same/other lender to buy your (mortgaged) property. 

Or clear loan and transfer the property in the name of your husband.

Or find another buyer and sell your (mortgaged) property, by taking lender in confidence.


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