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Author Topic: Rent out Commercial Shop  (Read 326 times)

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Offline prathams

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Rent out Commercial Shop
« on: April 19, 2016, 08:45:07 PM »
Hey,

I have purchased a shop in Ghansoli,Navi Mumbai.
According to the agreement,the plot of land was leased out to the builder by SIDCO for a lease of 60 years,and I purchased the shop from the builder.
Would there be any problems if I were to lease out this shop?

Offline advcaroltripathi

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Re: Rent out Commercial Shop
« Reply #1 on: April 20, 2016, 02:47:25 AM »
If the shop is Registered in your name you can lease it legally
Adv Carol Tripathi
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Offline adv.amarnath

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Re: Rent out Commercial Shop
« Reply #2 on: April 20, 2016, 08:42:54 PM »
Lease property cannot be sell out. When builder is a lessee and he has no title over the property, how you can purchase it from him. You can be sub-lessee under him but you never have purchased the property. You have to purchase from the actual owner of the property.
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