Legal Question in Real Estate Law in India

If Ancestral Property Sold and out of that consideration another property purchased wether it can be considered as ancestral property or not?


Asked on 9/19/09, 11:51 am

4 Answers from Attorneys
KAMAL GROVER

yes it is ancestral but you have to prove the transactions.

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Answered on 9/19/09, 12:25 pm
Shrichand Nahar S.V.Nahar, Advocate

In all probability, yes.

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Answered on 9/20/09, 1:19 am
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

yes in caes the unpartitioned ancestral property is sold and another purchased out of those funds, its again an ancestral property unless after the sale the proceeds were not divided giving effect to partition.

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Answered on 9/20/09, 1:58 pm
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

I agree with the above opinion.

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Answered on 9/21/09, 5:22 pm


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