I have house in Hyderabad, AP, which was bought before marriage on my name using house loan from a pvt bank in 2005. The papers are with the bank as the loan is not cleared. It will take another 10years for it be cleared.
- I lost job in 2010 and since I was unable to pay the monthly installments, I gifted (non-registered) the house to my father as a gift (non-registed) since the documents are with the bank. This gift was done on a simple bond paper and my father is paying the monthly installments
- Now, my wife filed a Domestic violence case(DVC) and judge has attached the house in DVC case (jan'2014)