You need to execute an agreement to sell with the prospective purchaser and then cause the sale deed to be registered in his favour.
Hi , I have a one storey Building (Ground + 1st floor) in Bangalore which is 4 years old on 30/40 site dimension.I have a bank loan on whole building to the tune of 35 lacs. As iam facing hardship to pay EMI , Iam planning to sell the One portion of the house (Ground Floor) & retain 1 st floor. Ground floor has two bedrooms with hall, kitchen & bathrooms & separate entrance. Please let me know legal formalities in Bangalore to sell only one portion of the house .
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You need to execute an agreement to sell with the prospective purchaser and then cause the sale deed to be registered in his favour.