Respected Sir,
We are planning to take godown on long term lease for 10 years. We would like register the Lease Deed with the concerned Sub-Registrar.
We shall be grateful if you could kindly suggest whether we can do the registration of Lease Deed for such a long term? if so, what are the registration charges to be incurred by us.
Looking forward to your kind response.
With regards,
V.PAVAN KUMARriven
Hello,
I have finished my LLB this year from Mumbai University. I am working under an Advocate since last three years. My base is with property law (Chamber Practice) and I want to continue with it. My question is I want to do LLM from Mumbai University from next academic year but I am not aware about the syllabus so if someone could guide me with the syllabus I would be thankful. Also I want to continue strengthening my knowledge in property matters (immovable and not intellectual)and therefore want to know what would be the best thing to do apart from continuing with the Advocate presently working with.
Also one can contact me on hemali.khakhriya@gmail.com
Thankyou.riven
hi,
i am looking for address details for coop soc court , my flat falls in new mumbai area
also i am looking for coop soc lawyers
Pl advise,
riven
Flat Cancellation - Amount Refund
I have booked a flat from M/S PVS Constructions Pvt Ltd Bhopura Ghazaibad in their project Svaran Residency - 2 at Pre Launch when they had only the plot in Bhopura, Loni border, Ghazaibad, on which they would construct the Appartments.
Svaran Residency-2, Village Brahampur, Bhopura, Loni Ghaziabad with M/S PVS Constructions Limited Pvt. Ltd. (Registered office at Khasra No. 454/1 & 444/2, Village Brahampur, Bhopura, Loni, Ghaziabad) by paying the 10% of the basic cost of the property i.e. Rs 191,455/- on 28-03-2008. Later, on 30-08-2008, I paid Rs. 22,367/- in stages, bringing the total cash payment made by me to Rs. 2,13,822/- (amount of borrower’s margin as per the requirement of loan availed by me from ING Vysya Bank).
Agreement to sale was signed between M/S PVS Constructions Pvt Ltd and me on 29-08-2008 and the date of possession of the property was given as 31-12-2008 in the agreement.
Later in the month of Oct-Nov,2008 the Home Loan was Sanctioned and the Bank paid total Rs12,30,216/- in two installments of 726,578/- on 25-10-2008 and 503,638/- on 12-11-2008.
Bank started charging a Pre-EMI of approximately 11,500/- every month starting from Dec,2008.
I came to know about it much later, the bank had already denied any further payment to the builder and my sanctioned loan of 17,000,00 was never to be disbursed to the builder, and the construction of the property halted.
When I asked for the refund as I saw no possibility of getting my flat any time soon, the builder started avoiding me and being rude when confronted.
Finally after a continuous chase and followup of the builder, he gave me a committment on the letter head of the company PVS Constructions Pvt Ltd that he would pay me only the principal amount i.e. Rs 2,13,822/- paid by me and Rs Rs12,30,216/- paid by the ING Vysya Bank. He denied paying any interest on the principal paid by my that he kept for 18 months which would remain with him for almost 2 years if he keeps his promise and pays me in the promised period of next 6 months.
He also denied refunding the Pre-Emi paid by me which is Rs 1,14,375/- till date that would grow to amount to Rs 1,83,000/- in the next six months.
Even if the builder keeps his word and pays me in the next 6 months as agreed on his letter head, I still stand to lose Rs 1,83,000/- towards the Pre-Emi against the loan to the bank and almost 50,000/- as the interest on the principal paid by me.
I have also written to the ING Vysya Bank and they have written back to continue paying the Pre-EMI till the amount is returned to them by the builder.
I need the expert advise on getting the early refund of Principal, Pre-EMI, Interest on the 10% intial payment.riven
Onto What Area of the Flat in Group Housing Society is the Stamp Duty Payable? Is it the Carpet Area, Build-up Area, Super Build-up Area or the undivided share in land? Please let me know with propet justification.riven
Sir
What is the basic difference between sale and agreement to sell. And whether agreement to sell can be equalent to sale in the eyes of law.riven
hello,
i have approached registrar of coop soc who has directed the said soc to reply in writing detials of outstanding due on my flat but society maintain silence and keeps charging 21% interest by bills insertions , how do i resolve this ? problem is 21% interest is charged on compounded basis there is no breakup given ? how to resolve and who to approach ?
Pl adviseriven
can company get housing loan for buying residential property on company name.riven
I have purchased a flat from a developer.
As per mutual (partly) and written agreement the cost of acquisition was Rs. 5,84,109/- (Rupees Five Lacs Eighty Four Thousands One Hundred and Nine Only) including Registry Fees, Stamp Duty, Lawyers Fees and Extra Works.
I have made payment of Rs. 5,94,025/- .
After calculation I saw that I had paid and issued excess amount against the cost of acquisition that’s why I withdraw all my amount from my saving bank account and one of the issued cheque of Rs. 25,000 was dishonoured due to insufficient balance.
We request the developer many times over the phone that please come and show me the proper statement of account but he did not respond at all.
But after a long time his advocate send me a Demand Notice of Rs. 25,000 along with the Interest @ 24% and threatened me that if I don’t make payment then they will file a case U/S 420 I.P.C.
Statement Showing Details of Transaction relating to Purchase of Flat
Particulars Amt. Amt. Amt. Amount
Cost of proportionate Plot @ Rs. 725/sq.ft. 514,025
(622 Sq.ft. + 14% super builtup (87 sq.ft.) = 709 sq.ft.
Cost of Registry 43,704
Stamp Duty 36600
FeesandStandardUserCharges 6905
Standard User Charges 199
Lawyers Fees 5,00
Cost of Extra Works 21,380 584,109 Self. Cal. Dev. Cal.
Electricals Switches 2550 3400 Dhalai[(112-35.45 Sq.ft.)=76.55 Sq.ft. @ Rs.165/sq.ft.] 12630 12630
Reserve Tank Water Line - 1500
Basin Water Line 1500 1500
Windows - Marble works 20 sq.ft. @ Rs. 70/sq. ft. 1400 1400
Black Stone with Materials 16 sq. ft. @ Rs. 25/sq.ft. 800 800
Tiles with materials (34.58 sq.ft. @ Rs.25/ sq. ft.) - 865
Gyser Line 2500 4500
Engineering Charges for Measurement of Flat - 1500
21380 28095
Date Paticular's Amount
7/5/200 Cheque 25,000
23/05/2007 Cheque 25,000
3/8/2007 Cheque 25,000
3/8/2007 Cheque 25,000 21/07/2007 Cash 25,000
28/07/2008 Cheque 14,025
29/07/2008 Cheque 400,000
30/07/2008 Cash 7,000
12/8/2009 Cheque 23,000
4/9/2008 Cheque 25,000 594,025 Total Excess Payment (9,916)
riven
ANCESTRAL PROPERTY
Sir My grandfather buyed a land in 1970.In 1990 he died,after which the property is transferred to his three sons (at that time all was married).here the point is that there is one sister of these which was also married and she has not got any part of the land.nor my grandmother.Now after 18 years my grandmother has objection in it, and she is saying that she also wants equal partition of the land.could it be possible? actually my grandmother daughter wants the part but she is forcing to my grandmother so that through which she could get the property.My grandmother age is 85 years and she gets pension of my grandfather. i am grandson of my grandfather. What can i do to stop this? can i file a case against it? or could it be fruitful to suit the case? what is the strong point to suit the case?riven