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Conversion from Residential to Commercial


18-Nov-2023 (In Property Law)
I have an independent ownership Bungalow which is in my name. The ground floor has 2 tenants. The first floor has a separate independent staircase. I want to give the 1st floor on Leave & License to an Architectural firm with about 15 employees. What steps do I need to take to convert it my from Residential to Commercial? I am a Catholic.
Answers (2)

Answer #1
573 votes
Thank you very much for posting your query on lawrato platform where Your question gets attention from many Advocates. Fast of All for converting a resident property to commercial business property needs many documentation . We can surely help you out after carefully checking of the property details of particular residence.
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Answer #2
509 votes
This is my response to you: 1. You will need to take permission from society as well the municipal office; 2. You will need to also pay the requisite tax and other payments; 3. You will need to register the L&L agreement; 4. Consult a local lawyer and take steps.
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