property co-owned by brothers

The ancestral property in mother's name is now co-owned by me n my brother. We would like to demolish the existing house and build 3 stories - 1 for my brother and 2 for myself. How can we ensure that this can be done? Also we plan to take a loan for this - please advise.

Answers (1)

335 votes
Hi, the two of you can re-construct your house by way of executing an amicable deed of partition. The two of you can apply for loan joining as co-applicant.

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