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How to sell property after change in usage?- Property Hotline
Posted
October 26, 2016
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29
October 26, 2016
29
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1:30Now PlayingExpert: Avikshit Moral - Partner, Juris Corp.
Question: I bought a home in 1990 and got it converted to commercial property. If I sell it now will it be a sale of commercial property or residential property?
Answer: It will be sale of commercial property subject to all approvals being valid and in place. Note that If you have converted your flat into commercial property then it is better to sell it into the commercial one rather then again making it into residential.
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