My mom and I are planning to buy an apartment together. I’m planning to take a home loan, but I don’t want the property to be in my name. Is it possible to have the ownership solely in my mother’s name while I contribute half the payment through the loan and she contributes the other half? Could you advise me on this?

Yes, it is possible for the property to be solely in your mother’s name while you contribute half the payment through a loan. However, it’s crucial to have a legally binding agreement clearly outlining your contribution, ownership rights, and responsibilities in case of future disputes. Consulting a lawyer to draft such an agreement is highly recommended.