Legal Question in Banking Law in India
how to sale a part of a property; like 4 floors property; I mean, one or two floors of the property want to sell; When, the land of the property is morgaged only; but not the whole of the building.The value of the building is about 12 crores and the bank secured interest is about 4 crores. So, how to sell tjhe part of the property. please, guide me in this regard.
Asked on 6/21/10, 3:17 am
2 Answers from Attorneys
you have to consult any local lawyer as rules of land are different for every state.
Regards
Answered on 6/24/10, 9:48 pm
Pravin Vaidya
Independent
Approach a local advocate who is expert in property law
Answered on 6/25/10, 6:40 am
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