Property purchase by pvt ltd company

Dear sir,

                        I am balaji ,a director of a pvt ltd company ,have a propery which has mortgaged with a bank ,now i wish to change my property title to my company to boost company asset ,please guide us how can i change my propery title with mortgage and procedure to be followed to buy property by company

 

Thank you

Balaji 

Email:valamaicomtrade @ gmail.com

Replies (1)

You have to release the mortgage by paying the loan to the bank and sell the property at a value equal to the stamp duty valuation. 

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