Legal Question in Real Estate Law in India
Property issue
Since 1960 my father is the tenants
of BMC of 70sq meter plot in
western suburb of Mumbai. In 1980
the BMC amalgamated 2-3 nearby
plots (including our plot) and leased
it to a company which developed it
to build a building on it. We were
allotted 70 sq meters area in the
new building. At the time of shifting
we were given BMC NOC and
possession letter from the
company. There are 2-3 tenants in
the building. Since 1980 no society
is formed and we don�t have the
Share certificates and maintenance
bill. All the tenants are paying the
assessment tax directly to BMC (as
per the respective area of their
flats) but we get the receipt in the
name of the company. Is it correct?
� Are we still tenants or owners
of our flats?
� Now how can we form a
society?
� Can we rent out our flats?
� Can we sell our flats?
� To sell our flats what will be
the documents required? (We do
not have a development agreement
with the company)
2 Answers from Attorneys
Re: Property issue
1. That will depend on terms of your agreement or allotment letter of BMC.
2. Purchasers of flats/units can form society.
3. Same as Sr.No.1
4. Same as Sr.No.1
5. Same as Sr.No.1.
Re: Property issue
If you were originally a tenant of BMC, and your title has not changed, you will naturally continue to be the tenant. To determine your rights as to sale of the property, you may want to contact a local counsel who may provide you appropriate guidance after perusal of your documents.
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