Dear sir,
My name is Mahesh, Aged 36. I work in a Public Sector Bank. I wish to demolish and reconstruct my house in Kerala as it has become a very old structure. The existing house is an independent building in a plot of land of 18 cents and is in the single name of my father Aged 69. The property has nil encumbrance. As I work in the Bank I have to transfer the property from my father to my name to avail Housing Loan. My father's legal heirs are my Mother, Myself and my younger brother who have consented to transfer the property to my name. In this scenario, pls advise me the best settlement type that would be economical for me as well as to get Bank sanction without hassles. Thank You.
Yours truly,
K Mahesh.