I bought a flat in 2011 using an HDFC loan. Now I want to sell it, but I’ll be in Mysore and won’t be able to handle the sale personally. Can I give my wife power of attorney to manage the transaction while the HDFC loan is still active? Should the power of attorney be registered? If this isn’t possible, what other options do I have?
Best Answer
Yes, you can grant your wife power of attorney to manage the sale of your flat, even with an active HDFC loan. While registering the power of attorney is not mandatory, it is highly recommended for legal clarity and to avoid future complications. Alternatively, you could appoint a local agent or a trusted relative to handle the sale on your behalf.
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