Legal Question in Real Estate Law in India
Hi,
My father had a self earned property (land and ground floor constructed). Later, I took a home loan and shared around 50% of construction cost for 1st and 2nd floor. However, the house continued to be in name of my father. I am now living on first floor and have been paying the EMI's for the loan taken to share the construction cost of 1st and 2nd floor. 2nd floor is rented out and the rest goes to my father who is on GF. I wanted to ask the claim I hold in property in case he decides to debar me from his properties. Since I have contributed to the construction cost, I wanted to know the claim I have.
Asked on 5/30/16, 9:25 am
1 Answer from Attorneys
Yes, this will be best ground to claim on the property that you have invested in construction of the building.
Answered on 5/30/16, 6:13 pm