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(Guest)

Problem in selling gifted property

Dear Lawyers club india.

                                    My father gifted a property equally to me and my brother which he purchased  out of his own earnings in1988. in 2011 my father gifted the property to me and my brother as gift deed mentioning the value  equal to current market rate at that time.

                               now me and my bother trying to sell one portion to settle all my fathers debts in bank and business but no one is buying because of value mentioned  in market value at that time.my father got eb connection in the name of both us in the said land and paid land tax in the name of us dint change the name in patta and seems that he applied and in the mean while he passed away

 my father did any thing wrong how can get out of this problem



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 1 Replies

NGOKC (pm)     12 August 2013

unfortunately vLUE MENTIONED will form registeredd value in transaction at min

gen land deals are in black and white

ppl may not be able to offer u mkt val in white


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