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Builder giving surety for registry and loan should I believe him
05-Feb-2023 (In Property Law)
I am searching for a plot/flat in Delhi. Builders/Owner in so called Lal Dora assures of Registry and also home loan bhi ho jayega banks se. SBI/PNB should I believe builder on this point or not
No. Not at All. Builder can go to any extent to make money. First of all you go to concerned Sub Registrar Office and carry out a search in respect of the proposed property. Thereafter, asked your builder to provide a photocopy of chin of previous transactions. After this go to bank and find out a weather a loan facility is available for proposed property.
I suggest that copy of chain documents be verified and should be examined by the lawyer.
I suggest that copy of chain documents be verified and should be examined by the lawyer.
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Adv. Dheeraj Kumar Garg
Delhi | 25+ Answers
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The query is very general and not specific and without seeing the relevant paper(s), it is very difficult to give a conclusive legal opinion. Whether there has been written offer / proposal etc. to this effect, that will have to be seen first.
The general advice although is that one must generally avoid lal dora properties and any assurances thereto especially by the builders.
The general advice although is that one must generally avoid lal dora properties and any assurances thereto especially by the builders.
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Adv. Mareesh Pravir Sahay
Delhi | 25+ Answers
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