Consumer Watch With Inder Kumar

04/12/2024

I am delighted to announce that I have reached 500 followers. Your sustained support has been invaluable. I acknowledge the crucial role each of you has played in helping me reach this milestone. 🙏🤗🎉

04/12/2024

The Hon’ble of India, in Suraj Lamps & Industries Pvt Ltd. v. State of Haryana (2011), declared that GPA, Agreement to Sell, and Wills cannot legally transfer ownership of immovable property. Only a registered sale deed or conveyance deed is a valid mode of property transfer. Consequently, such transactions do not grant ownership rights and pose risks of forgery, black money transactions, and legal disputes.

Documents like , to Sell, and Wills can still be registered in bonafide cases, such as for management or development , but not for ownership transfer. Transactions executed before October 11, 2011, remain unaffected but require regularization through registered sale deeds for future transfers.

This decision enhances security in real estate by curbing fraud, black money, and property disputes. It ensures transparency and proper title transfer while boosting revenue generation from registered sale deeds. The order also aims to reduce speculative property trading, artificial price inflation, and tax evasion. It ultimately brings peace of mind to citizens and decriminalizes real estate transactions.

In summary, GPA-based transactions are not a substitute for a proper registered sale deed, safeguarding buyers' rights and the legal integrity of real estate dealings.

31/03/2022

Wrong answers only🥲

09/03/2022

अंदाज़ कुछ अलग हैं मेरे सोचने का,

सब को मंजिल का शौक है और मुझे रास्तों का.

12/02/2022

Faf du Plessis goes to RCB for 7cr

22/01/2022

16/01/2022

गांधी परिवार को मिल गई बहु!!!

31/12/2021

31st's mandatory post!!!