Resale of new property where khata is not in seller's name
I'm planning to purchase a resale flat in an apartment where khata is not in seller's name. Currently, khata is in mother's name of the seller. Seller's mother is the land owner, and she received some stake on the apartment from builder. Seller's mother (land owner) provided gift deed for few units of the apartment, and those units are properly registered on the seller's name. Builder has got the CC and OC for apartment. There is already 90% occupancy on the apartment. However, khata is not transferred to individual flat owners yet. Seller says that he'll transfer the khata on my name once the khata bifurcation happens (which he said that the process is already initiated).
Is it advisable to purchase this property? Since I'm not sure when the khata transfer for all the individual flats will be complete, till then it would not be possible to transfer khata in my name.
I've few questions.
a/ Is it possible to do khata transfer after registering the property in my name? Because previous khata will be in seller's mother name but other documents (ilk Title deed, EC) are in seller's name.
Asked 7 years ago in Property Law
Religion: Hindu
Thanks everyone for your answers.
I've a follow-up question:
If I register the property in my name now, once the katha bifurcation happens for the entire apartment in future. Can the khata be transferred to my name only after transferring to current seller's name? or Can it be transferred directly from current khata owner (i.e. land owner)? If so, what are the documents needed for khata transfer?
Asked 7 years ago