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shiva (self)     12 May 2011

Building permission

Hi,

This is Shiva from Nizamabad. I have one question related to building permission.

Recently i purchased a plot which has got building permission from muncipality on seller name. Registration of plot is done on my name later.

Now, i am planning to construct home in the plot through home loan. Since, seller had already taken building permission to construct home, should i need to transfer this to my name or can i use his building permission to apply for home loan?



Learning

 2 Replies

Krishnan Ravichandran (Manager - properties)     12 May 2011

Mr, Shiva,        please goahead and construct the building as per the plan allotted to the earlier owner...

                       Provided  it is not exceeding 3 years from the date of the permission allotted...and also make

                       sure you are going to adopt the same plan without any deviation.....

shiva (self)     13 May 2011

Thanks alot Krishnan for your valuable clarification!


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