banner_ad

House property transfer

Others 422 views 1 replies

Hi Everyone,

My question is about House property transfer from my Dad (living) to his children. We are 3 brothers. The individual house is located in BHEL, MIG, Hyderabad, Telangana.

The house was allotted in 1992. My brothers have constructed rooms, elder brother has constructed 3 rooms, adjacent to the allotted house. Eldest brother has constructed 4 rooms above the allotted house. Point now is, is it possible to have the property transferred to all 3 of us.

Could anyone guide me with the procedure?

Thank you.

Replies (1)

Yes.,matterless of the expenses incurred on development and construction of house.,the ownership of the asset can be transferred to joint holders of property., or can get the property parted on agreement from the owner of the land/property on valuation basis.

If the transfer is on Consideration(Monetary Consideration) then expenses incurred can be adjusted to it or valuated accordingly.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
Featured 26 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details