mb associates
bhuvaneswari
16 Years Exp
lndependant Houses (Show More)
Chennai , Kodungaiyur
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Name : bhuvaneswari
Law Firm Name : mb associates
Country : India
City : Chennai
State : TAMIL NADU
Practicing Since: 2009
About Your Firm : a one stop firm for all your queries
| Sr Employee Associated | Sr Employee Enrollment/Reg.No | Sr Employee Enrollment/Reg.State |
|---|---|---|
| Jr Employee Associated | Jr Employee Enrollment/Reg.No | Jr Employee Enrollment/Reg.State |
Legal & Drafting
Packages ( Legal Opinion to Registration (Plot/Site) )
Legal Opinion (Written) ( Plots )
Legal Opinion (Written) ( Apartment )
Legal Opinion (Written) ( Independent House )
Registration Assistance ( Plot )
Lease/Rental Agreements ( House Rental agreement )
Consultation on Property ( Property Buying )
Utility/Property Payments ( Property Tax Payment )
Architects
Residential & More ( lndependant Houses )
Subject : construction issues
Question : we are living in an old house which was built many yrs ago( more then 40yrs).we have common walls with our neighbor.Now he is building his house in our area,always trying to prove that he is not doing so nd even he is doing favour leaving his space in between.he is not constructing a straight walls.he has built ground floor taking 3 inches of our space from back and according to that our front is decreased but his size is correct which may be due to the old construction of neighbor next to him.
Answer by mb associates : As per planning permit it is mandatory to leave 2 feet space and build house with in the area. Usually it is a general rule to build a compound wall within one's plot. Also you have not mentioned the plinth area of your house? With inadequate information we cannot answer
Subject : Registration of property
Question : Hello, I want advice on property registration. I have flat of 900 super built up area in Patna which I want to sell for Rs 27 lakhs. A buyer has agreed and an agreement has been made accordingly. However as per valuation the value of a property of 900 sq feet in my area is Rs 36 lakhs. Now the buyer wants to register the sale deed at Rs 36 lakhs. As payments will be made to my bank account, what will be the legal aspects and tax problems as payment amount will be Rs 27 lakhs,and I shall have to pay income tax accordingly. Please advice on the course of action to be taken. Thank you
Answer by mb associates : Sir first check the Guideline Value and as per that value only you can register. If more than market value you are selling the house then for that value you can register and pay the Stamp duty. No property can be registered below the guideline value . In case you are not able to find the value in the concerned website , then you can verify with the sub registrar Office where the property is situated . Moreover when you are selling it is buyer who will be bearing the registration cost.
