Unfortunately, in your case, the real estate agent was also misinformed. But this is the case for most « brokers » who have absolutely no knowledge of the legal procedures. Unless you are willing to go for a loan with GIC and DHFL, there is little hope of credit penalty. You should take your money back and terminate the contract. Good luck. Sir, 6 months ago, I had an 1rk apartment in area 19 of koperkharne in the gavthan area. A total of 19 apartments is there and the same owner and owner is agreed and also owner havind a havind havind a 7 apartment make the same building. Now we are in action to build a sociaty, so pls suggesst is possible to build a company and in the future there will be no problem bu NMC It will not be a triparty agreement. Builder can only give a NOC for the transaction. The agreement is between you and the seller, or rather your bank and the seller`s bank (preferably). You will find instructions to buy an apartment that has a loan in other sections of my site. « By law, any developer who builds a housing company must enter into a tripartite written agreement with any buyer who has already purchased or will buy a home in the project, » explains Vijay Gupta, CMD, Orris Infrastructures. « This agreement clarifies the status of all parties involved in real estate transactions and keeps an eye on all documents, » he said.
Sir I would like, please, to cooperate with some other proposals on your part, as we accept according to your proposal, we go to cidco for promotion, as is possible. There are 3wings, A wing, 14 Flats – 1 Shop d. in the possession of the owner himself, B Wing 14 Apartment – store owned by Goanwala – in C Wing 1 apartment owned by the owner. And all the 3wings are built together, they are affected each other. We want A-Wing to form a company while B-Wing-C-Wing is owned by gaonwala. It is possible to create a single A-Wing company, wings B-C are gaonwala property that they do not cooperate for these. If it is possible to form a company of the only building A-wing, as please suggest to me the conditions mentioned in such agreements could be complex and therefore, could be difficult to understand. It is advisable that buyers seek the help of legal experts to review the document. If this is not the case, this may lead to complications in the future, especially in the event of litigation or delay. Mr.
Sudhir, you must give me a brief description of the property and the area in which it is located. House prices can vary considerably within an area. They depend on the demand and supply on the market, the state of the economy, the buyer`s urgency, the location and condition of the property and the urgency of the seller, etc. If you do not give me the above information, I will not be able to give my opinion.