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G Meenakshi Sundaram (Software Engineer)     12 January 2012

Combine 2 sites into one

Question#1

Myself & my friend bough 2 site in a revenue layout.

My friends site dimention 40*40.
My dimention 40*30
 

Later we identified that inbetween us 40*12 sq ft is available. (originally corner plot was planned to have 40*52) But sold only 40*40. Now land owner is labelling this stie as XX/1.

Quesiton is - should we buy this 40*12 legally from land owner.

what are all the things we need to take care, so that in future there will not be any issue.

 

Queation#2

If we buy this site & share between myself an my frined 40*6 each, what are all things we need to take care.

Land owner says 2 different sale deed for same site XX/1, one for me & another for my friend.

40*12 wil get splitted into 40/6 & 40/6.

 

Let's if I buy this, how can i utilize this for construction.

Earlier i had 40*30. Now adding this land i get 40*36. Originally i have composite loan (land + construction) for my 40*30 site. Now in that case how do i make this 2 different sites (40*6 & 40*30) into one 40*36) & get/continue loan from bank.

for that 40*6, should i get Katha (B). - I am in Bangalore.

Do I require amalgamation for these two sites?  Since both the sites are registered to my name, should I go ahead & construct house.  Before I start the construction i wanted sort out this issue. so that in future i should get any issue.

Please suggest.

 

Thanks

-Meenakshi.



Learning

 1 Replies

niranjan (civil practice)     12 January 2012

When you are having loan by equitable mortgage of 40 x30 document and if you are constructing on 40 x 36,that would create prolblem if you fail to pay emi but  if you are sure that you will repay loan immediately then there could be no problem. In construction plan you can club both the plots and get approval from the authority.


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