Apartment ownership

Sanjay Ghatak (Querist) 21 July 2010 This query is : Resolved
I am a shareholder of a joint property (House) at Ranchi, Jharkhand. The house alongwith the land had been given to a builder for making apartment with consent of all the four shareholders. Each shareholder has now got one flat. Please let me know if we, the original owners of the land, are required to go for registration of our flats.

IF REGISTRATION IS NOT DONEM, WILL MUTATION SETTLE THE ISSUE ?

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s.subramanian (Expert) 21 July 2010
no need to get any registration. mutation will suffice.

Devajyoti Barman (Expert) 21 July 2010
That apart to avoid any future dispute make a mutual partition amongst yourselves and get it registered.

Raj Kumar Makkad (Expert) 22 July 2010
Mutual agreement shall suffice and no registration of flat is required.

Chanchal Nag Chowdhury (Expert) 24 July 2010
Registration is not required. Mutation with the local authorities is sufficient.

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