We wish to purchase a builder built commercial property (a flat in a commercial complex) in the name of HUF in Delhi. One of my friends informed me that if I buy property in HUF, the resale value will decrease by 10-20% because no buyers are interested in buying a property held in the name of HUF because of the formalities relating to obtaining NOC from members / co-parceners and no clear indication or list of members / co-parceners of the HUF. Please suggest if this is true. Should one not buy property in the name of HUF?

If we decide to buy it in the name of HUF, the documents needs to be in whose name: HUF or Karta?

In the name of karta of the faimily.

Thanks sir for your reply. I am still awaiting answer to my first query