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Sameer   12 February 2016

Transfer of ownership of underdevlopment flat

Hi
I own a flat in a building that has gobe for redevelopment. The developer will now execute the individual agreements. The old building is demolished already and the flat which I owned currently doesn't exist. In lieu of that I will be getting the new flat after the development is complete.
I want to gift the new flat to be to my wife and withdraw my ownership of the new flat.Can you please advise;
1. Is it possible?
2. Can the individual agreement be signed between the developer & my wife for the said to be new flat?
3. If yes, what is the procedure in this case?



 1 Replies

S Gangadhar Gowda   13 February 2016

Mr.Sameer Better contact me 9738465552. S Gangadhar Gowda Advocate

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