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Author Topic: Ownership of Property  (Read 271 times)

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Offline Alexis

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Ownership of Property
« on: April 05, 2016, 09:10:08 PM »
Hi, I have purchased a property of 300 Sq yards with an independent house, along with my NRI sister. Its a high end property. Though I will be paying the EMI, I had to include her name on the sale deed and the loan so that i could avail it.. There has been no money invested by my sister to procure the loan. The property will be transfered to my name after 20 years (completion of the loan). Please advice what can I do to safeguard my interest in the property till then and also be able to claim tax benefit.

 

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