Gaurav Gupta , Apartment Resident
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Can i avoid paying for super built up area?
Q: As i have come to know it is actually illegal to sell the SBU but builders are doing it so, which is very disappointing specially for middle class who has to pay hefty loan interest as well, is there any way to avoid paying for SBU ?or if i buy the flat on that rate why should i again be charged for maintenance of the common areas which are sold to me once? why car parking is not included ? in every other country owner of the flat is eligible for one car parking but here it's sold again above all the false charges ,if we do not agree with the terms builder is imposing we will lose the deal and we go through it we will lose our life saving...i'm very disheartened to see such practice shattering the dream of every middle class family to own a house. Kindly some one tell me if it is at all possible to avoid paying 35% extra for the area which is not even usable? or in the other world it is sold to every single flat owner once?

My replies to this discussion
Well such practices are common in India, one can't avoid them unless they are being regulated by Government or buyers organize themselves. For the same purpose Government is mulling over bringing a bill regulating the Real Estate Regulation and Development bill 2013 which will define duties and responsibilities of developers, sellers, buyers and standards related to Property transaction. For details about the bill you can see following link -- http://www.commonfloor.com/guide/regulation-bill-provides-scope-for-development-of-real-estate-sector-34724.html But unless the bill becomes reality individual buyer has to suffer.Well such practices are common in India, one can't avoid them unless they are being regulated by Government or buyers organize themselves. For the same purpose Government is mulling over bringing a bill regulating the Real Estate Regulation and Development bill 2013 which will define duties and responsibilities of developers, sellers, buyers and standards related to Property transaction. For details about the bill you can see following link -- http://www.commonfloor.com/guide/regulation-bill-provides-scope-for-development-of-real-estate-sector-34724.html But unless the bill becomes reality individual buyer has to suffer.
Want to sell my property. Need suggestion
Q: I am a US citizen of Indian origin living in USA. I have two adult children. My husband who is no more had constructed a house in 1983 and had not left a WILL. But I do have a legal heir certificate and also got mutation of this property done when I visited India last year. Now we want to sell this property as it is, so can this be achieved in a time frame of six months. Also do we have to have an Aadhar card for all of us?

My replies to this discussion
A PIO (Person of Indian origin) can inherit immovable property from a person resident in India or a person acquired such property as per Foreign Exchange law in force or can receive property as gift from a person resident in India or a NRI or a PIO. A PIO can transfer any immovable property in India (other than agricultural land / farm house / plantation property) by way of sale to a person resident in India. For more information you can also refer to http://www.rbi.org.in/scripts/FAQView.aspx?Id=33A PIO (Person of Indian origin) can inherit immovable property from a person resident in India or a person acquired such property as per Foreign Exchange law in force or can receive property as gift from a person resident in India or a NRI or a PIO. A PIO can transfer any immovable property in India (other than agricultural land / farm house / plantation property) by way of sale to a person resident in India. For more information you can also refer to http://www.rbi.org.in/scripts/FAQView.aspx?Id=33
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