I’m looking to buy a plot in Yelahanka, Bangalore, from Mr. Gowda, a property developer. He’s selling it based on a GPA (General Power of Attorney) from Rajappa, who is the owner according to the EC (Extract of Certified Copy).
However, I’m a bit concerned because the Supreme Court recently ruled against the validity of GPAs. Would it be safe to purchase the plot from Mr. Gowda in this situation?
I’d really appreciate it if someone from Bangalore could shed some light on this. I’m happy to share copies of the GPA for verification if you’d be willing to take a look. Please let me know your email address so I can send them over.
Best Answer
The Supreme Court’s ruling against GPAs for property transactions is specific to certain situations and does not invalidate all GPAs. However, it’s crucial to thoroughly review the GPA and the EC, and consult with a legal professional in Bangalore to assess the validity and risks involved in this particular case. They can analyze the specific details and advise you on the safest course of action.
Please login or Register to submit your answer