Legal Question in Real Estate Law in India

after the supreme court ruling on GPA sales if you enter into a sale agreement and a GPA with the owner of the land what are the leagal issues involved in karnataka even if it is genuine transaction


Asked on 11/04/11, 1:41 am

4 Answers from Attorneys
Sudershan Goel India Law Offices of Sudershan Goel - Advocate

If the transaction is genuine, you should buy the property by registered sale deed. The sale agreement and GPA will not transfer the title in your name.

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Answered on 11/04/11, 2:13 am
Chandrawat, Call- +91-8109444689 Litigation Expert & Legal Advisor ([email protected])

Go with registered sale deed.

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Answered on 11/04/11, 2:20 am
Anil Kumar Sharma JurisTree

From Oct. 11 onwards, no transaction of property shall be deemed valid throughout the country, India, however, previous sales have to be regularized by registered sale deeds. The business of attorneys have to be confined to blood relations with no Sale tags of any kind. Sale Agreement is valid but it will not confer Title/ownership of the property.

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Answered on 11/04/11, 6:34 am
Shrichand Nahar S.V.Nahar, Advocate

Genuine transactions have been specifically excluded in the Judgement of the Supreme Court.

If in a peculiar facts/circumstances of the transaction, there is a need to an agreement with GAP, then that is not invalid.

However, law is clear even before SC Judgment, that an agreement with GAP confer no ownership. For a legal and proper ownership, a duly registered sale deed is imperative.

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Answered on 11/05/11, 12:08 am


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