Through an order in 2011, the Supreme Court held that transferring property title through a general power of attorney was not valid. The top court directed municipal bodies not to register/mutate properties based on these documents. Following the order, states banned the registration of properties sold through GPA. The SC, however, said that genuine transactions carried out through GPA would be valid. In light of this, should you be entering property transactions that involve sale through power of attorney? Let us find out.
Plots For Sale in Jalgaon
- newSSanket PatilOWNER
Specifications34 L 2,000 / sq ft 1700 Area in sq ft New New/Resale
- 2 open sides
- 3.4 L booking amount
- newPPrakash ChaudhariOWNER
Specifications49.5 L 750 / sq ft 6600 Area in sq ft New New/Resale
- 4 open sides
- newNnami kankariyaOWNER
Specifications2.4 Cr 20,000 / sq ft 1200 Area in sq ft Resale New/Resale
- 2 open sides
- East facing
- newMMr PatilOWNER
Specifications70 L 3,333 / sq ft 2100 Area in sq ft New New/Resale
- 2 open sides
- East facing
Specifications2.03 Cr 4,511 / sq ft 4500 Area in sq ft Resale New/ResaleMore Specifications8.35 L 500 / sq ft 1668 Area in sq ft Resale New/ResaleMore
Specifications30 L 1,200 / sq ft 2500 Area in sq ft Resale New/ResaleMore Specifications30 L 1,333 / sq ft 2250 Area in sq ft Resale New/ResaleMore Specifications30 L 1,333 / sq ft 2250 Area in sq ft Resale New/ResaleMore Specifications90 L 600 / sq ft 15000 Area in sq ft Resale New/ResaleMore Specifications70 L 1,000 / sq ft 7000 Area in sq ft Resale New/ResaleMore Specifications75 L 1,500 / sq ft 5000 Area in sq ft Resale New/ResaleMore Specifications51.75 L 1,202 / sq ft 4306 Area in sq ft Resale New/ResaleMore
Specifications51.75 L 1,202 / sq ft 4306 Area in sq ft Resale New/ResaleMore Specifications51.75 L 1,189 / sq ft 4350 Area in sq ft Resale New/ResaleMore Specifications8.35 L 500 / sq ft 1668 Area in sq ft Resale New/ResaleMore Specifications90 L 600 / sq ft 15000 Area in sq ft Resale New/ResaleMore Specifications7.73 L 725 / sq ft 1066 Area in sq ft Resale New/ResaleMore
Property Sale Through GPA Is Illegal
NBCC Is Now In The Race To Buy Insolvency-Hit JaypeeNational Building Construction Company (NBCC) is now planning to buy insolvency-hit Jaypee Infratech, a move that would help the public company to acquire land parcels in tony localities, Taj Expressway and Japyee Hospitals. NBCC will be competing with other construction majors, including L&T, Suraksha Asset Restructuring Company, Kotak group and ICUBE, which have shown interest in buying Jaypee Infratech, the sister concern of Jaiprakash Associates Limited (JAL). This is the second time process is on to acquire the insolvency-hit realtor.
Upcoming Airports That Will Be A Game Changer For ReIn a report by global consultancy and research firm Centre for Asia Pacific Aviation (CAPA), India's aviation industry will become the third-largest market in the world with regards to departures by 2019, and job creation by 2027. The report also focuses on the apparent saturation likely in existing airports in metro cities and the need to deploy more capacity in Tier-II cities. To welcome the new flyers, the government is developing 100 airports across various locations in the country.
All You Need To Know About Mhada Lottery 2018Under the Maharashtra Housing and Area Development Authority’s housing scheme for 2018, over 1,100 low-cost apartments will be sold in December. The authority will release an advertisement on November 5 announcing the housing lottery, with about 45 days available for homebuyers to apply. This year, about 500 units will be reserved for low-income group with 283 units for the economically weaker sections. MakaaniQ tells you all about the Mhada Lottery Scheme 2018 and the process for application.
SC Seizes Amrapali's Benami PropertiesIn a major crackdown on the company for wilful disobedience, the top court on November 13 attached its 100-bed multi-specialty hospital in Greater Noida, three residential towers in Noida and a villa in Goa. The SC said that the company had deliberately not complied with its earlier order and committed a "serious fraud" by diverting homebuyers' money from one company to another. A report of forensic auditors said that Amrapali Infrastructure was the main company and around Rs 2,000 crore were transferred from it to other sister companies.
Specifications70 L 1,000 / sq ft 7000 Area in sq ft Resale New/ResaleMore Specifications17 L 850 / sq ft 2000 Area in sq ft Resale New/ResaleMore
Last update - 14-11-2018