My relatives has constructed shops on piece of land and my father bought FULL 2nd floor of the building 15-20 years back, but somehow he was not able to get the registration of the property done.
My father died in 2007 and now i wish to get the property transfered in my mothers name, so that the sons can make use of the property in future in terms of sale / mortagage to bank / LOAN etc.
There is a clear understanding between us and the relatives who have constructed the shops regarding the payments made 15-20 years back by my father, but i dont have any written proof of the payments made.
My question is ---- how can the property be transfered in my mothers name keeping the sellers ( relatives ) safe from the capital gains ????
Can the sellers give registered power of attorney to my mother and later she can sale the property to the sons ???
Relationship with the sellers ( relatives ) is that of MAMA & BHANJA ----- MY MOTHER IS A WIDOW OF SELLER MOTHER'S REAL BROTHER.
WAITING FOR THE REPLY
