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21-Aug-2023 (In Property Law)
Hi, I own 2 sites in Bangalore. 1) In Munnekolala 1200 Sqft, with an Old house on it. It used to fetch rent till now but now its old and no people would like to take it. I have a Loan on this for Rs.2700000/- pending. Monthly EMI I pay is Rs.29500/-. 2) In Anekal (Suryanagar Phase II), a Karnataka Housing Board Project 1450 Sqft. Bought this in 2011 for Rs.825000/-. This I can sell Only if I construct something on the land as per KHB rules. I currently live in my parents house, which is also quite old and small. I am 43 yrs old and would like to live in a better house. I am confused about what to do with above 2 properties, so that I could have a better standard of life. Please help me to make a wise decision, in planning something for myself, to have a comfortable life for the rest of my life. I am single woman, hoping for a comfortable living without any financial issues and have a decent lifestyle.
kindly mention which type of loan you have availed and source of your Equitable Mortgage Installments amount till the date and how loan you have availed and how many months EMI paid to the financial institution. then will conclude this matter.
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Adv. Komala J
Bangalore | 25+ Answers
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