FREEHOLD DISASTER

nishant arya (Querist) 10 February 2014 This query is : Resolved
I have applied for free hold in dda and it will take 3 months for the same.
Now i want to sell off my dda flat.i am the poa of the flat and i have purchased this flat
The allottee and gpa and agreement to sell is registered.
Kindly explain how should i sell it as the freehold conversion is pending.??????

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Devajyoti Barman (Expert) 10 February 2014
Just check whether before getting certificate of freehold you can transfer the flat or not.
Id yes then go ahead with a sale agreement followed by sale deed.
I believe DDA will have to be made a party if you have not received a registered sale deed as yet.

ajay sethi (Expert) 10 February 2014
wait for 3 months. once freehold conversion is allowed you will get better market rate for your property.

Rajendra K Goyal (Expert) 10 February 2014
Proceeding at this stage would create complications and time taken may increase in maturing the deal, better wait till flat is freehold and proceed afterwards.

T. Kalaiselvan, Advocate Online

(Expert) 10 February 2014
I go with the experts advise on this issue, if expecting a better appreciation, waiting for a period of three months will not be a loss.

nishant arya (Querist) 11 February 2014
Thanks a lot all.

Guest (Expert) 11 February 2014
It seems, slow operation of the LCI site compelled Nishant to click thrice on his posting of gratitude leading to three thanks for the experts.

Rajendra K Goyal (Expert) 11 February 2014
I agree with Expert PS Dhingra ji, sometime such problem of slow LCI server has been faced by us also.

ajay sethi (Expert) 11 February 2014
thanks for your appreciation .

LCi server is too slow . it takes ages for answers to be loaded . administration should
take some action .

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