My mother has Rs 50 lacs in fixed deposits and already has made out a will for all of it in my favour. However, we are looking to purchase a residential property in her name using a major portion of the above-mentioned corpus soon. The rest of the amount will be paid by me and the property will be registered in her name. I also have 2 siblings.
Will I become the rightful (and only) heir of the property under discussion in case of her demise, as the money used for its purchase was already willed in my favor, or will she have to make a new will explicitly stating the details of the new property?
Kindly help me out.