IREF® Real Estate in India - Property Discussion
Revert to old theme

Download our app now !



Closed
Process of preparing GPA/SPA for Resale Transactions
January 2 2012 , 08:40 PM   #1
Veteran Member

amit001's Avatar
 
Join Date: Aug 2010
Location: Middle East
Posts: 8,827
Likes Received: 1552
My Mood: Chatty
Process of preparing GPA/SPA for Resale Transactions

Hi,

I am going to India in a weeks time.

Could somebody tell me the process of preparing GPA/SPA for resale transactions.

What is required?
From where is it made?
How much time does it take?
Are there different formats for buying and/or Selling?
Is it valid for a specific period?

Thanks for the help in advance.

Best Regards
Amit

GPA - General Power of Attorney
SPA - Special Power of Attorney
January 2 2012 , 08:50 PM   #2
Veteran Member

djvjain's Avatar
 
Join Date: Nov 2010
Posts: 2,016
Likes Received: 184

Amit Bhai,

It would be good to contact the concerned builder for that as he also have to accept it eventually in case of a re-sale. They have pretty much the set format with changes in few lines, so get that done but do not forget to register the GPA/SPA(only if you do not trust the person for other things). Contact the legal department for the builder and he should be willing to help. I think you can also get it done from your local consulate though.
October 1 2012 , 12:37 AM   #3
Super Moderator

MANOJa's Avatar
 
Join Date: Jul 2010
Posts: 43,552
Likes Received: 4311
My Mood: Relaxed

This is a duplicate thread & is being closed .


For further information & discussion on this topic/project, please visit:


http://www.indianrealestateforum.com...ell-21402.html



**************



Search Before Posting – Use 'Google Custom Search' – Keep forum free from Duplicate Threads .
Choose theme from here -
LinkBack
LinkBack URL LinkBack URL
About LinkBacks About LinkBacks