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Muthiah (Consultant)     10 September 2009

Property - Madras Hindu Religious & Charitable Endowments

Hi Team,

    We have some joint property under lease from Madras hindu religious & charitable endowments since 1892 on pepertual lease,  however from 2001 the land lease tax has gone up by 33% every three years.  As the revenue or income we obtain from these very old street houses are a minimum,  I would be pleased to hear what options we have in selling them or transfering the existing lease.

Thanks,

Muthiah



Learning

 1 Replies

Prakash Yedhula (Lawyer)     10 September 2009

The copy of the lease deed is required for proper guidance.


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