I am living in a house which was on Grandmother's name. My grandmoter has 6 legal heirs and we have recently signed family settlement deed and got into collaboration agreement with a local builder. It has been agreed between the heirs that building will be demolished and reconstructed by builder with 4 floors. Builder will take one floor, two floors will be shared by 5 legal heirs and remaining one floor will be given to 1 legal heir. Since this property is still on Gandma's name, is it mandatory to get the property mutated in names of all legal heirs and then free hold also on all legal heirs. How will titles be defined for each floor? What is the sequence of legal documentation? Is it mutuation followed by free hold and then what?? Please advise.
