Asked by Gangadhar Amraji
My son ,a PR purchased resale HDB flat recently.As per HDB rule he has to dispose the overseas property within six months.But the overseas property is purchased about four years back and is free from encumbrance.No debts,no Bank loan.My son do not have any sorts of debts at all.I would like to know the idea behind the HDB rule of disposing the property or transferring to parents name.
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