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Can government leased property be sold clause contact that it cannot
26-Sep-2023 (In Property Law)
Can 99 yrs govt leased property be sold .agreement contains clause that it cannot be sub leased. What is procedure to sell it.
Govt 99 years leased property has a clear and marketable title, meaning, it can be sold but sub-division of property in some cases is not allowed and if it is done then it can be regularised by paying charges. In some cases where the land has been leased for 99 years but on concessional basis then It can’t be sold before completion of 10 years of allotment.
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Adv. Syed Zakawat Ali
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Is NOC required for sale of flat in Pune?
No NOC is required. You are the absolute owner. You can sell your property if you have paid the full amount to the builder and the sale deed has been registered in your name. The builder will give the NOC. The charge cannot exceed 25000.
What is the transfer charge of collectors land in Mumbai?
In 2017, the non-special category of those who sold an apartment in the island city within five years, with permission, will be charged a transfer fee that is now Rs 1,000 per square foot in 2017. This charge is 6% higher than the ready reckoner rate. 14 Jul 2017
Can collector land be sold?
This process is complex in terms of land documents. You must confirm that the seller has paid old o/s Stamp Duty on all his previous transactions, and that they have been duly registered. The transfer fees must be paid.
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