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Old 27-08-09   #1
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Default 2 Flats under one loan - Sale of One Flat

Hi Friends,

I have a homeloan of 15 lacs for 2 flats (G1 & G2) about 750sft each. I am planning to sell 1 (G1) flat but would like to know the following before i do so.

1. Is it possible to transer the entire loan on the other flat (G2),
2. Is it possible to repay the loan for (G1) alone and have the loan running for (G2).
3. if point 2 is possible do i need a fresh registration for G2?

Any other points you would like me to consider.

Thanks for all your help.
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