Legal Question in Real Estate Law in India
My father built a ground floor house ad-measuring 900 sft .Thereafter younger son B extended the first floor and built a house measuring 1200 sft with his own money. Though the house was still in fathers name.
Now Son A -elder son wants a settlement gift deed from the father for the second floor rights.
While the father gifted only 900 sft of first floor to son B can he gift only 900 sft of second floor to Son A and leave the extended portion ie 300 sft to son B who built it as son A does not want to compensate son B for the cost of increasing the area.
1 Answer from Attorneys
24.02.2014
Dear Sir / Madam,
Ideally, the ground floor would be in the name of the father and the first floor would be in the name of son B as owner. Your father is free to gift as much of the legally permissible remaining development rights to son A as is legally possible. It need not necessarily be 900 sq.ft. only.
Regards,
Related Questions & Answers
-
In what condiiton CTS number is not alloted to a society Asked 2/21/14, 5:15 am in India Real Estate and Real Property