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Hi,nnOur ancestral property(bungalow) was transferred to my father's name through a court order. A
19-May-2023 (In Property Law)
Hi,nnOur ancestral property(bungalow) was transferred to my father's name through a court order. Apart from court order, he also has CIDCO transfer document.nIs the court order not enough evidence for ownership? Does my father has to execute a sale deed? If yes, then how will it be done in this case.nThe issue is that banks are not taking this property as collateral without a valid sale deed.
If court order creates a right in favour of your father, which was non existent, the decree needs to be registered with SRO, which will become a title document. However, all facts need to be examined, to give exact answer to your query.
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Adv. Amit Agashe
Pune | 200+ Answers
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What are the property transfer charges in Navi Mumbai?
Registration Charges in Navi Mumbai
For properties under Rs 30 lakh = 1 % of the value. For properties above Rs 30 lakh, Rs 30,000. For properties under Rs 30 lakh, 1% of property value. For properties above Rs 30 lakh = Rs. 30,000. 27-Mar-2023
What is the cost of CIDCO transfer?
CIDCO, as a town planner to decongest Mumbai, has entered into a 60-year lease agreement with the majority of housing societies in Navi Mumbai. A flat buyer pays an existing transfer premium of Rs. 25,000 per the Maharashtra Co-operative Societies Act, 1960, and its byelaws.
How do I transfer my CIDCO flat?
Form for submitting an application
Certificate of registration for a society
Copy of the agreement with the builder
Copy of the occupancy certificate
Copy of the graduation certificate
Architects certificate.
Copies of the approved master plan, plus more information if necessary.
Is CIDCO transfer mandatory?
The CIDCO NOC will be required if you purchase a resale where there is no conveyance deed and a society has been formed. 19-Apr-2023
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