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IREF® - Indian Real Estate Forum > Real Estate in India > Real Estate Bangalore > Platinum City by PLatinum developers and builders - Hoskote, Bangalore
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Old September 11 2012, 03:23 PM   #51
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Default Platinum prop

Recd sales agreemaent draft.asked sales person to provide doc that indicates link bet Thalluru giri,Royal city n platinum prop.as sales agrement draft does not indicates any link.

 
Old September 11 2012, 08:29 PM   #52
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Hi Shiva,

There is an agreement between owner and Platinum properties. Irrespective of the document provided by the platinum properties, you need to make sure that the agreement is done between at least you and the land owner. If platinum properties comes in between then it is really good as well.
 
Old September 12 2012, 12:22 AM   #53
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Default Here you go

Hello Mate even I too received the sale Agreement draft.
Scenario -1- Shiva eventually the agreement draft that we have received from PP as per sales representative by consulting our lawyer we can even add certain terms that we wish in the form of agreement J accordingly they will acknowledge the same on their letter-head with authorized signature.
Scenario -2- Considering the above fact, if we come across any significant issues then we can easily obliterate the agreement on the spot.
My opinion would be to all don’t just seek lawyer to get legal opinion also inquire some value added points with your lawyer and then highlight those in to a agreement.
 
Old September 12 2012, 04:24 PM   #54
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Ramdas!!!
You state that in Sy No. 12 we have booked 34, 35 and 36 at the rate of Rs.875 per square feet. They are insisting on Rs.50000/-.
Apart from Sy No 12 now in recent post you conclude that SY No.13/2, you decided to select the Site No.122, 123 & 124.
Please confirm you had any issue in Sy No 12 then shift to Sy No 13/2 or all 6 plots you have booked. In addition please let me know your lawyer opinion – Thanks
 
Old September 12 2012, 04:37 PM   #55
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The reason for shifting from Sy.No .12 to 13/2, is mainly due to reason that we would like to buy the site in the same Sy.No. 34,35,36 out of which two will be in one Sy.no. and one will be in two Sy.No. so we decided to go in the Sy.No.13/2 and 122,123, and 124 comes in the same Sy.No.

The legal opinion on the documents part was clear, and my advocate suggested to proceed further, but the sale agreement needs to be included with some more specific points like, if BMRDA not approved this layout, then what is the option available to the Purchaser.

Second, when i checked with the Platinum properties, they told that owner of land who holds 60% of the total available land area wont be signing on the agreement, but the GPA holder/Developer will be signing the agreement, which i am looking further in to the details.

Please do update me about your legal opnion.
 
Old September 14 2012, 01:17 PM   #56
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Default Royal City

Further to my post, I have received the update from my advocate that we can proceed with a agreement with GPA holder which is still a valid agreement.

I am going to execute the sale agreement on 15th September 2012.
 
Old September 14 2012, 05:29 PM   #57
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Quote:
Originally Posted by Ramdas View Post
Further to my post, I have received the update from my advocate that we can proceed with a agreement with GPA holder which is still a valid agreement.

I am going to execute the sale agreement on 15th September 2012.
That's Cool,

Tomorrow I have an appointment with my lawyer, furthermore I m taking draft of the agreement received from 'Platinum Pro' to add some points which lawyer recommend on that basis I will look for agreement.
 
Old September 14 2012, 06:27 PM   #58
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Ramdas,
One quick question as you have booked 3 sites 122,123, and 124. However agreement will do altogether in one or 3 sites & 3 agreements?
 
Old September 14 2012, 07:05 PM   #59
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Called them today, they are quoting 1000 psft now..
 
Old September 15 2012, 01:44 PM   #60
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I have booked site no. 34 (Survey no. 12).

Can anybody suggest a good advocate for legal verification.
 
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