Legal Question in Real Estate Law in India

can i go for a flat on 3rd floor which has no permission

Sir,

i wanted to buy a new flat. the buidler told me that flat is available on 3rd floor but he took permission upto 2 floors only and applied for regularisation. if i go for 3rd floor flat i dont get loan. apart from that what are the legal implications arise if i go for it. suggest me also can i go for it or not ? its in Hyderabad. thank you


Asked on 8/13/08, 7:06 am

3 Answers from Attorneys
Siddhartha Bhattacharyya

Re: can i go for a flat on 3rd floor which has no permission

Do not buy a flat pending regularisation. You may face various troubles including the question of title.

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Answered on 8/14/08, 10:38 am
Homi Maratha N.N. Maratha & Co.-Advocates

Re: can i go for a flat on 3rd floor which has no permission

There can be a lot of legal implications.

Invest some where else in a clear and marketable property.

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Answered on 8/13/08, 8:03 am
Shrichand Nahar S.V.Nahar, Advocate

Re: can i go for a flat on 3rd floor which has no permission

You would be risking money paid for purchase as also expenses incurred on stamp duty and registration.

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Answered on 8/14/08, 1:06 am


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