Legal Question in Real Estate Law in India

I am purchasing a property(Flat) from the Land owner. Initially the land is owned by A. A is gifted that land to B i.e A's wife. Now B is given that land for development. After completing that development B(A's wife) again gifted the falt to A.

NOw will that flat comes under first sale?

If it is not comes under second sale bank people are asking me to show the full value of the Flat in reistration.Is that true?If so Why I need to show full value?


Asked on 9/08/10, 11:11 pm

1 Answer from Attorneys
RAJIV GUPTA (Cell: +91 9811284735) [email protected]

this flat does not fall under sale as the same was gifted and not sold. you may seek clarification from bank people.

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Answered on 9/08/10, 11:45 pm


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