Property
Querist :
Anonymous
(Querist) 23 May 2011
This query is : Open
A property Situated At Tamilnadu at Chennai (heart of the city) (a housing site) which was mortgaged to Bank and the Bank had taken action due to NPA and had obtained Recovery Certificate from DRT (2008) and had sold property under sarfaesi Act, and rules and while trying to register the property with sub registrar is objecting that the said sale certificate can not be registered as the same is Government Porambokku Land and is showing some list/note issued by Govt of Tamilnadu showing some list of TS No. and Block numbers and hence at this juncture what the future course available to the auction buyer and banks. The mortgage date with bank is 2001 and NPA Date is 2003-04. The land was having sales deeds since 1967 and the last owner had sale deed dated 1988 and no body had PATTA for the land
