Legal Question in Real Estate Law in India
I have booked a 1 bhk flat in LODHA project in Mumbai. Possession will be in Dec 2012. Am i bound to do registration now? Cant I pay stamp duty & registration before possession next year?
Asked on 8/23/11, 6:41 am
2 Answers from Attorneys
KarVai Legal Solutions
Rajiv Gupta 9811284735 Ch.No: 359, Western Wing, Tis Hazari, Delhi www.karvai.in
registration may be done after possession.
Answered on 8/26/11, 1:00 am
Shrichand Nahar
S.V.Nahar, Advocate
As per Maharashtra Ownership Flats Act, 1963, an agreement between a promoter/builder is required to be registered compulsorily.
Answered on 9/04/11, 12:25 am