Hi All,
I have purchased a site from a GPA holder almost 2 months back. The deatails of the same below :
1) The site is purchsed from Mr. X in Jan 2015.
2) Mr X is a GPA holder who has purchased the site from Mr. R in 1997. Since than Mr.X has been the sole GPA holder .
3) The GPA between Mr. X and Mr. R is duly signed by the advocated and notary.
My questions : 1) is this sale valid 2) i am planning to construct the house in this very site. am i eligible for bank loan.
Request an advice on the same.
Thanks & regards,
Karunakar Shetty