If the property was jointly owned among the brothers, and the requisite consents were not obtained, then, as per the Limitation Act 1963, the statutory period of limitation allowed for possession of immovable property or any interest is 12 yearsProperty sales in Bangalore have clearly been the saving grace for the sector for a few quarters now. Sobha Developers Ltdand Prestige Estates Projects Ltd, according to analysts, may not have performed as well as in the March quarter but would have still fared better than their Mumbai and NCR counterparts, say analysts. Photo: Ramesh Pathania/Mint
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