Legal Question in Real Estate Law in India

Thanks for your reply confirming that I can sell the HUF property as Kartha making my both sons as vendors. Now the problem I have are the following,
1. The New house I am buying, I have to register in my name only as the banks are not accepting to give housing loan if my Minor sons ( one 19 years and the 2nd 17 years) are the buyers of the new house.
2. What will happen to the capital gains & how do I use the amounts that are given by the buyer to my sons if they are not the buyers of the new house. I need the entire amount + additional amount for buying the new house.
3. How to get a clearance to move forward in this transaction. I read in Law guru that I can get an approval from the court and complete this transaction. My wife and children are to keen to get this new house.
Request you for your advice..
Sridhar

Asked on 5/15/14, 1:53 am

Fca Prashant Chavan Expert Edge LLP

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15.05.2014

Repeat query. Already answered. Any further advice or guidance only on payment.

Answered on 5/15/14, 3:03 am

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