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Real Estate Forum on Leased Property

Real Estate Property Discussion Forum and Guide to Real Estate Queries

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Q: Yes, redevelopment projects on Brihanmumbai Municipal Corporation's leasehold plots are set to become easier.

Latest Answer: Hi Bulbul, If i am not wrong, it also includes the granting an procedure of granting an NOC to get an Occupation Certificate for redevelopment of municipal leased property.
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Q: Want to understand about buying flat in leased property will y
There be any legal concern or will it create issue in redevelopment - fateh baug

Latest Answer: HI all, I wanted to know the term CC and FSI? Your reply will be highly appreciable.
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Q: One of my relatives wants to buy a property of 200 sqyds. The owner of the land was allotted this land in 1991 from Authority. He has been allotted the plot on lease for 99 years. Now they want to make a registered agreement on stamp paper at the time of registry in future. Is the registered agreement legal? If not then what is the process of agreement so the owner cannot deny the sale of the plot to them?
Latest Answer: Since it is a leased property it cannot be sold but you can ask the lessee for a copy of lease deed and check if he has the right to assign the leasehold land or not. After checking everything you can enter into a registered lease deed.
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