Property Transfer Process in Bangalore
Builder X has developed a society in Bangalore where a couple, Mr. and Mrs. Y (residents of Mumbai), bought an apartment. Before the registration of the apartment, Mr. and Mrs. Y sold the property to me, and then the builder conducted an internal transfer via an assignment agreement. The builder will be registering the property in my name with Mr. and Mrs. Y as consenting witnesses at the sub-registrar office.
Now, Mr. and Mrs. Y can't travel to the sub-registrar office and are executing a General Power of Attorney (GPA) so that a relative can appear at the sub-registrar office as a consenting witness. Is there any issue with this process? Is there any specific format for the GPA? Does the GPA need to be registered at any specific sub-registrar office?
Builder X has developed a society in Bangalore where a couple, Mr. and Mrs. Y (residents of Mumbai), bought an apartment. Before the registration of the apartment, Mr. and Mrs. Y sold the property to me, and then the builder conducted an internal transfer via an assignment agreement. The builder will be registering the property in my name with Mr. and Mrs. Y as consenting witnesses at the sub-registrar office.
Now, Mr. and Mrs. Y can't travel to the sub-registrar office and are executing a General Power of Attorney (GPA) so that a relative can appear at the sub-registrar office as a consenting witness. Is there any issue with this process? Is there any specific format for the GPA? Does the GPA need to be registered at any specific sub-registrar office?