Hi Team,
We have some joint property under lease from Madras hindu religious & charitable endowments since 1892 on pepertual lease, however from 2001 the land lease tax has gone up by 33% every three years. As the revenue or income we obtain from these very old street houses are a minimum, I would be pleased to hear what options we have in selling them or transfering the existing lease.
Thanks,
Muthiah
