Legal Question in Real Estate Law in India

Dear SIR,

last year my GRANPA died.

We lived in a flat for more than 30 years now paying all the expenses....Grandpa has nominated both my uncle & father.

Uncle asking for the Market value in order to give the sign or NO OBJECTION.He is well settled & retird form Indian railways owns a flat in mumbai.Much higher cost than this flat.

All the documents has our details including RATION CARD, VOTERS CARD.

My questions are

1> Dont we have any right on it?? Dont we have upper hand in this matter?

2> Are we suppose to pay him Market rate o government rate..??

3> What stand to be taken on the same as need PRPERTY not money.?????

What law says in this ???????????????

Please reply ASAP.

What law says.

Thanks & Regards,

Nishant.


Asked on 3/02/11, 4:59 am

1 Answer from Attorneys
Sanjay Kalra Sanjay Kalra & Associates

Your father and your uncle are the legal heirs of your Grand pa only. No you dont have an upper hand on the property. If your uncle want market value then you are suppose to pay market value because he is the 50% owner of the property after the demise of your Grandpa.

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Answered on 3/02/11, 8:50 am


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