Sunil Kumar
14 November 2017 at 12:25
Respected Sir,
It is intimated that the bank has asked for registry of document in Joint (wife and husband) and individual. According to govt. of India instructions it is intimated that Subsidy on home amounting to Rs. 2.50 lacs is effective only if the purchaser have no property in any place in India and an Affidavit is also furnished by the purchaser.
I am a Govt. employee the exemption of tax upto Rs. 1.50 lacs in Individual but in joint registry then half tax rebate upto Rs. 75, 000/- is applicable only in joint case. Best option for Registry Joint or Individual because I have two daughters. Please advise.
Anonymous
14 November 2017 at 11:21
Dear Sir,
My Native is Narasaraopet Guntur District AP State...In 2008 We Buy A site With 4 boundaries...On South Side In My Registration Documents mention it is Own Wall....But Adjacent Owner Tells It Is a Joint Wall...That Adjacent Owner has No registration documents....but he is famous person in that area....Now in 2017 November we Started construction...So,Tell me in which way we fight against him...and what questions we asked him to proceeding legally....
Sunil Kumar
14 November 2017 at 11:14
Respected Sir,
It is submitted that I have purchased a Built House in Punjab and settlement made in 34 lacs. I have applied the bank loan as I am govt. employee from SBI amounting to Rs. 30 lacs which will be paid by the bank to the seller. The remaining amount Rs. 4 lacs have been paid by me in cash or by cheque. The Bank has raise a query that the purchaser have to register the house for Rs. 34 lacs. I do not understand why the bank has raised query and the bank has passed the loan Rs. 30 lacs then the Registry amount Rs. 34 lacs. Please advise me in this matter.
It is also intimated that the seller has also raised a query that if he gets all loan amount he will have to pay tax on 34 lacs. Is it ok or not. please advise me.
Sunil Kumar
shishir
13 November 2017 at 21:37
I had a pagdi shop in name of my mother in Delhi Sadar bazar. It was rented in 1980s . But from approx 1995 they stop taking rent but we deposited it in court for 5-6 years. The owner was a lady and was a second wife to her husband. After lady died no one came to take rent. My mother died back in 2007 and left the rental rights with me in her will. Now it is going on usual we are occupant/in possession of the shop. There is no legal owner as there may be dispute in family . No one have claimed right in property for long neither taken rent. Is there any way we can claim legal ownership of property or by paying some fees or duty in court
Anonymous
13 November 2017 at 21:21
Hi I am Manoj Baria, my house is a pagdi system house so if the buyer wants to buy the house can he opt for housing loan on my house?
RAjesh
13 November 2017 at 19:58
Sir, me mumbai mein rahata hu, mere uncle ne uska room muje gift deed /power of attorney/will 2014 me mulund court mein registe kar ke diya hai abhi waha per sra project aaya hai , to abhi uncle ka noc lena padage kya , uncle ka shaadi nehi hua hai
anu radhalll
13 November 2017 at 15:26
I NEED A HELP FROM YOU REGARDING 38E CERTIFICATE.
I HAVE A LAND OF 3 ACRES WHICH CAME FROM MY GRAND FATHER. THE NAME ON PHANIS FROM 1954 TO 2017 IS MY GRANDFATHER'S NAME .BUT WE CAME TO KNOW THAT 38E CERTIFICATE WAS ISSUED ON SOMEONE ELSE'S NAME IN 1974. HOWEVER, WE ARE USING THE LAND FOR AGRICULTURE SINCE 1954 TO PRESENT. AS PER THE RULES, WHO HAS RIGHT ON THAT LAND, EITHER US OR THE PERSON ON WHOM 38E CERTIFICATE WAS ISSUED?
NOTE: BOTH MY GRANDFATHER AND THE PERSON ON WHOM 38E CERTIFICATE WAS ISSUED ARE DIED.
Vishal
12 November 2017 at 23:45
Hi All, my name is Vishal.
I have a query on payment of EMIs on illegal floor that is constructed by the builder.
I have purchased a flat in 4th floor in Bangalore. After I got to know that 4th floor is illegal, I stopped playing EMI to a nationalised bank from where I have taken the loan. And have sent multiple emails to the bank and the builder to provide a BBMP approved copy if the floor is a legal one. Both have not replied.Now, the builder is absconding and bank is also not responding properly . The bank has told me that you have requested for the loan and we have given the same to you. You should have checked that issue before purchasing ( Pls note, the bank has charged legal fees for me before proceeding the loan).
So, my query is - Am l still liable to pay EMI if BBMP has not authorized to construct the 4th floor ? And in the absence of 4th floor approval from BBMP, does the bank still holds an authority to auction my incomplete flat as I have not paid EMI from many months?
Anup Maity
12 November 2017 at 20:57
We have rented our building with PSU offices(total four offices) . All the offices are tenant since 20-25years having lease deed of 10 year duration and option of 5+5 with 20% increment in rent. One of the lessee didn't want to give market rate rent. Their lease agreement had expired 3 year back, and they want to make new agreement with 100% increment in rent. But, the market rate is equal to 300% of the premises old rent. All the other three offices are paying market rate and had also increased the rent above 300% to give market price at the time of agreement renewal. We make it happen by submitting proof of rent of other offices beside our building and locality.
But one of the lessee doesn't want to give market rate of rent after submitting all the proof of current market rate. So, we have planned to vacate the premises and already given 3 month notice, but we are not getting any response of our notice.
And we are now planning to go legal to evacuate the PSU office from the premises or to get the rent at market rate.
Do legal evacuation process will take long time?
Do the lessee will force to pay market rate (i,e.,300% increment in rent), if they are not willing to vacate the premises?
If they vacate the premises, what rent they will pay on vacation of premises. As 3 years had passed away since agreement expired.
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