hi, my elder brother made gift settlement deed of house through registration in 2004 feb with out any conditions, At the time of settlement deed iam already staying in this house from many years and this was also mentioned in the deed itself. After registration i transferred property on my name in muncipal records immediately, i also applied to local muncipal authority for construction of first floor on existing building in same month i.e feb'2004. I constructed first floor and also get SBI housing loan for that in june 2004 and i completed construction by july'2004 and paid the loan in 3 years. But my brother with out any information to me he made revocation of gift settlement after 7 months i.e sep'2004 mentioning that i am not behaving with him properly. Still iam staying in this house with my family.
Recently i came to know about the revocation in july'2016 when i applied for loan on my house, when asked about it he replied that he will rectify it soon, but he is not doing that. So i sent legal notice to him on the above issue, but he kept silent without any reply. I am prepaing to file a suit against him for declaration as the revocation is null and void.
Now i want clarification from the respected members that can i file a suit now, is there any time factor to file a suit after revocation. I came to know about revocation recently, but he made it at sep'2004 and kept silent. can i claim declaration now