We had and old house in 2400 sq ft of land in my fathers name . My Mother is also passed away. Me and my sister are only the legal heirs.Now are constructing S + 2 building with 2 houses in one in each floor. We have started the construction .
Lawyer told we cannot do partition deed before completion, but banks are insisting on the same for Loan processing. Please provide a guideline on what type of document can be done now and that will be acceptable to banks?.
Your advice on how to proceed will be helpful.
Banks want document which states clearly, floor 1 belongs to A with UDS as 1200 and Car park 1 in slit floor belongs to A.