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| Buying Thinking of investing in Indian Real Estate but confused. Post your general queries here! Any questions related to the buying process? (Note: Do not create any threads on real estate developers or their projects.) |
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#1 |
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New Member
Join Date: Aug 2009
Posts: 1
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I am from Ahmedabad , Mr.X have bought a Flat from bulider and the new flat possesion is in Sept , Mr.X have Made 15% payment to bulider from his pocket and Bank Have done 80% Payment from Mr.X Loan Account and 5% of payment is due at the time of Possesion and ther is a Non Registered agreement to sale ( Notaryised) and Sale Deed is not Done till now , and Mr.X want to Sale this Flat to me , How can it be done ? |
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#2 |
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New Member
Join Date: Sep 2009
Posts: 6
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better u consult a lawyer
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#3 |
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Junior Member
Join Date: Jun 2009
Posts: 77
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You will have to go through a property lawyer to get all the documentation done. Since the property is not registered, you will have to now register it on your name through the builder. There will be a tri-party agreement between the seller, builder and buyer to carry out the transactioon. The lawyer will be able to guide you.
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#4 |
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New Member
Join Date: Aug 2010
Posts: 1
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First of all you need to get property in your possession and then only you can sale it. Its better understand the rule from property dealer as well as consult a Property spt lawyer.
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