Amal shere
17 April 2009 at 18:51
I am staying in the house in chawl on old Mumbai with building nearing the age of 100 years, we are ten tenents. All are willing for redevelopment of the building cluster with building in front of us which belongs to the trust. Our landlord do not seems to be keen and constantly trying to avoid the discussion and informing her intent. Our tenents had sent letter about concern for buidling and requesting for her decisions. The tenents want to form the society and pay her 100 mths salary. what are the provisions under the laws to help us to form society? All tenents of top floor have loft of height beyond 5ft 11 inches classified as mezanine floor. how can we protect our fsi of mezanine flr for our benefit which will or else be enjoyed by the builder in the redevelopment process? Please help
Nilesh Shah
17 April 2009 at 11:13
Last Query I had put...I m putting it again for more details
Thanx to Experts for giving me their opinion..
What are problems & remedies for Loan against mortgage of Private trust property under which school is running???
Please give reference of Any judgement or Act if possible....The property in state of Gujarat....
Mehul
17 April 2009 at 10:47
The details information as follow: Agreement made with builder on June 1985.
Stamp duty paid Rs. 5 /-
Property located : Residential house in Vile Parle (East)Mumbai , 530 Carpet Area,
Agreement value : Rs.2,10,000
Registration : done in Jan 07 but no SD paid.
conveyance of building not done by builder in society's favour.
Question: Whether stamp duty payable? at what value and what rate? When to pay stamp duty- means right know owner can pay or wait till Society is going for conveyance than only pay. Any exemption in patment of SD for area below 650 Sq feet(??)
Can anybody share documentary evidence or reference for clear understanding.
Please revert.
Regards,
CA Mehul Dedhia
mehulddedhia2002@yahoo.com
Nilesh Shah
16 April 2009 at 13:48
Dear Sir,
I m credit manager in bank. If bank is funding against of property in name of Trust on which Educational Institution is runing whether bank will be able to repossess easily the said property in case of default by Trust/Society?
If No, what can be remedies bank can take at time of finance?
Mohammed
16 April 2009 at 13:40
we are having 3 floor under us ina building mumbai ,and on the first floor we have a lodging renning under the permision with the licence form more then 50 years,b4 2 years teh landlord sold the land ownership to other without asking us to purchase, now the new landlord have lodge the complain against us that we are doing business in that building iligally , as sais b4 we are legal business person, please inform us how we can obtain the land ownership and fight against the new landlord and make him to sell this land to us.
Savithri
16 April 2009 at 10:06
I had booked a flat in Bangalore by paying an advance of Rs.6 lakhs and an agreement for sale was entered into between the builder and me on a stamp paper. As per the agreement within 1 month the balance amount is to be paid or the advance paid is to be forfeited.
The bank has rejected the loan on the basis that there is deviation in the building.
The builder says that he will recover an amount of Rs.1.25 lakhs as penalty and pay the balance and we need to sign saying received towards full and final settlement.
Is there any legal recourse available?
Niteshkumar Popat
15 April 2009 at 20:10
please clerifes the application of letter of administration and succession certificate. whether brother can get succession certificate on the basis of Will. even he is not class 1 heir.
Bipin
14 April 2009 at 17:37
Our society has ground + 3 floor and 2 wings. each wing has 14 flats. upto 2nd floor each floor has 4 flat and on 3rd floor there is only 2 flat and remaining area as commom terrace. but 2 members from each wing has occuipied (covered) the same common area. another problem is that entrance of the terrace above 3rd floor is also from member's house. So when any other member has to go to terrace then he has to go from member's house (because they occuipied 3rd floor common passage in which staircase for main terrace is located. Recently society has repaired entire terrace and other member want entrance for the main terrace free (ie above 3rd floor). what can we do to resolve this problem.
Uma Shankar
14 April 2009 at 15:55
Can irrevocable GPA can be withdrawn particularly in cases where the other party has spent a lot of money in that property?
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PoA for consideration subsist after the death ?
Respected lawyers,
If a land owner executes a registered PoA in favour of another person giving rights to sell the landed property for a consideration, and the another person sells to third party for the same or more consideration, I just wanted to know whether such PoA remains subsisted and valid if before or after the sell to third party an original land owner dies. The PoA is for consideration, i.e. the original owner has recieved consideration for execution of such PoA from the another person.