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Author Topic: Can i go for registration  (Read 378 times)

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Offline acmegouri

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Can i go for registration
« on: October 30, 2015, 03:45:41 AM »
Dear All,
Am from Pune and want to buy a flat in a society of 700 flats, with many amenities.
This property is now in mortgage with Kotak mahindra bank and got loan from that bank to do construction.
So far i have paid Rs.4,82,000 to builder and paid Rs.2,28,000 towards e-challana for stamp duty and VAT.
now i want to go for registration. They have given a draft copy of agreement and many other documents.
in that document i could see that, builder bought this site many years back from one family(x). And in 2010, some of the other related family members of X family filed a Regular Civil Suit No.1035/2010 for partition in the Court of Civil Judge Senior Division, Pune. And is pending and there has been no injunction or stay order in the said suit.  Promoter/builder is written like this "The Promoter herein covenants that, he shall be solely responsible for the final outcome of the said suit and under no circumstances the flat Purchaser/s or the said tenement shall be made liable therefor. " In this juncture, should i go for registration? What will be the future consequences if builder lost that case/other family members won that case. Could you please update me how to proceed now. builder is urging me to do registration as already i had taken 15 days of time. thanks in advance.

 

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