Legal Question in Real Estate Law in India

I have an offer to purchase a pagdi property from a existing developer. He proposes as under :-

1. present tenant will transfer to me by agreemnt and hand over possession, and I will pay 70% of the cost without paying anything to present landlord.

2. the existing landlord and existing developer are selling their rights to mr. x (new buyer cum developer).

3. X authorises existing developer to settle with existing tenants and allot area to them.

4. Existing developer guarantees me for alloting area in redevelopment,

Please advice if I can pay 70% cost to existing tenant and take possession.

s.k.gupta 8097893453


Asked on 2/08/14, 5:35 pm

1 Answer from Attorneys
Fca Prashant Chavan Expert Edge LLP

09.02.2014

Dear S K Gupta,

Paying any monies in a tenanted property without the landlord's knowledge and consent is not recommended.

Regards,

Read more
Answered on 2/09/14, 4:12 am


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