Legal Question in Real Estate Law in India

I have an offer to invest Rs. 30 lakhs today so that the Builder will after 2 years allot me a plot, for which he will sign an agreement on stamp paper. Is an agreement of this sort valid and how sensible is such a move if the Builder is a big real estate co. ?


Asked on 1/21/11, 9:38 am

1 Answer from Attorneys

Shrichand Nahar S.V.Nahar, Advocate

Check whether builder is owner of that plot today, if you want to enter into agreement today.

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Answered on 1/23/11, 1:02 am


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