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Question on Joint ownership of land and house

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Question on Joint ownership of land and house

Last updated: August 21 2014
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  • Question on Joint ownership of land and house

    Can Plot owner be different from Home owner?
    In my case Plot/land is owned by wife, can I build a house on both wife and my name?
    I can't be in India to register land on my name, but while building the house later, I want to be owned by both. The reason is I want to sell another land and use the money for constructing the house on the new land to be owned by only wife. I want to see if I still will be able to avoid capital gain tax, if not will delay the buying and register on my name.
Have any questions or thoughts about this?
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