Transfer of Property through GPA from Monday Delhi residents will - TopicsExpress

Transfer of Property through GPA from Monday Delhi residents will be able to transfer and register properties on general power of attorney (GPA) from next week. At a function in Nangloi on Friday, Chief Minister Sheila Dikshit announced that the Delhi government had decided to allow registration of properties through GPA “most likely from Monday”. Lakhs of people living in co-operative housing societies and Delhi Development Authority flats will benefit from this order. In May 2013, the Delhi High Court struck down an internal circular of the state government issued in April, 2012, which restricted property transactions through GPA. On October 12, 2011, the Apex court had ruled that sale transactions carried in the name of GPA will have no legal sanctity and immovable property can be sold or transferred only through registered deeds. Following the order, the Delhi government had put a stop on property transactions through GPA in April last year. Hindustan Times, New Delhi, 20-07-2013...

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