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NIDHISH TAWAKLEY (MGER)     02 February 2010

mortgage on propetyin delhi

Hi
my wifepurchased a DDA flat in delhi through slae deed and later transfered it through Gift Deed to her mother. My mothe in alw ahs 5 daughters inluding my wife, alos of the 5 daughters 2 are unmarried and rest 3 are married.my father in law is alive

i wish to avail a Loan against property on this flat

pls advise if a bank can mortgage this, some of my friends have advised for registered mortgage and relinwuishment deed from all other legal heirs of my mother ina law, they say the ded should be in favour of my wife .

pls advise



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