Property

registered GPA shows that the builder will construct 67 percent for himself and 33 percent for owner, unregistered GPA says 33 percent of owner share will be in first floor,  second unregistered GPA is barred by limitation so the bank is insisting to get sale deed done by builder, this can be sorted out if the land owner is ready to write will on any one his heirs and they in turn can register in your name

Respected sir,

my father wants to tranfer of his peroperty (250 sq yards  fully furnished) to me but the propbler is i am his (my father) former son(from first wife) and my father got the second marriage but he has not got any child from the  second wife. 

sir, could you tell me the rules regarding to transfer of property with my  name and if any rates consession in stamp duty etc in punjab state, according to above said situation and my father is also willing to tranfer to that property with my name instead of trafter of property to second wife.

Sir I belong to patiala (Punjab)

with regards

rajiv

If it is the self acquired property of your father , then he is free to make a gift/settlement deed of the property in your favour.

Respected sir

The property is self accuried of my father, could u please guide  me any consession to trasfter the property in myy favour as a gift / settlement deed, because otherwise stamp etc in other case is very hight sir in patiala (punjab).

Regards

rajiv

Does the supplementary agreement show how the flats were divided between the developer  and the owner. If it does , you can show that clause to obtain your bank loan.