Hi, I have bought a property recently which is owned by X. X had given GPA to Y to sell. Actually, Y is builder who bought from X through GPA, but GPA does not mention any money as consideration. GPA mentions that X is unable to manage the property so Y can sell and do anything in favor is X and that this GPA is irrevocable. The GPA is not registered, but executed in front of notary. Only X has signed in the agreement and has been executed in around June 2005.
X left India after GPA and settled in Japan now. I bought this property from Y through this unregistered GPA through a bank loan (I had lot of difficuty in getting this loan as this GPA is not registered). All the original documents including mother deed are with Y.
Before purchase, I gave a public notice in the newspapers that I am buying this property from Y with 7 days of notice time. I asked for a sale consensus letter from X and Y provided me one, which I am not sure is original.
Now, will I get any legal problem with this purchase?