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Buying of property of housing board haryana

(Querist) 26 March 2014 This query is : Resolved 
HOUSING BOARD HARYANA IS OFFERING FLATS ON HIRE PURCHASE BASIS. I HAVE REQUESTED A FRIEND TO APPLY.IN CASE HE GETS A FLAT, IN THE LOTTERY, I WILL FUND THE COMPLETE AMOUNT.HE ON POSSESSION ,WHICH WILL BE ABOUT 6 -7 YEARS LATER, HE WILL GIVE THE FLAT TO ME. I HAVE ALREADY PAID THE BOOKING AMOUNT. Please let me know,at which all time frame i must take some legal documents to be on the safer side.so that he does not change the stance later after i make part/ full payment for the flat allotted to him.also please let me know the most appropriate legal documents and its complete format (contents). thanks and regards
debasish roy (Querist) 26 March 2014
HHOUSING BOARD HARYANA IS OFFERING FLATS ON HIRE PURCHASE BASIS. I HAVE REQUESTED A FRIEND TO APPLY.IN CASE HE GETS A FLAT, IN THE LOTTERY, I WILL FUND THE COMPLETE AMOUNT.HE ON POSSESSION ,WHICH WILL BE ABOUT 6 -7 YEARS LATER, HE WILL GIVE THE FLAT TO ME. I HAVE ALREADY PAID THE BOOKING AMOUNT. Please let me know,at which all time frame i must take some legal documents to be on the safer side.so that he does not change the stance later after i make part/ full payment for the flat allotted to him.also please let me know the most appropriate legal documents and its complete format (contents). thanks and regards
Rajendra K Goyal (Expert) 26 March 2014
This is irregular transaction, you are trying to capture the right of some eligible beneficiary.

Please find out whether there exist some lock in period for sale of such flats.

You can mortgage the flat and or take PDCs for the amount paid by you.
ajay sethi (Expert) 26 March 2014
you are taking a big risk . what if tomorrow defence personnel changes his mind and refuses to transfer flat in your name after expiry of lock in period
V R SHROFF (Expert) 26 March 2014
Why steal right of next defence personnel??
you risk a lot.
+ it is illegal & immoral..
Let next eligible defence personnel get it... After all; they serve us; risking their life..
you will be exposed later on, as u r ot defence personnel... the bogus deal will come out and you may loose entire amount+ prison...
debasish roy (Querist) 26 March 2014
HOUSING BOARD HARYANA IS OFFERING FLATS ON HIRE PURCHASE BASIS. I HAVE REQUESTED A FRIEND TO APPLY.IN CASE HE GETS A FLAT, IN THE LOTTERY, I WILL FUND THE COMPLETE AMOUNT.HE ON POSSESSION ,WHICH WILL BE ABOUT 6 -7 YEARS LATER, HE WILL GIVE THE FLAT TO ME. I HAVE ALREADY PAID THE BOOKING AMOUNT. Please let me know,at which all time frame i must take some legal documents to be on the safer side.so that he does not change the stance later after i make part/ full payment for the flat allotted to him.also please let me know the most appropriate legal documents and its complete format (contents). thanks and regards
debasish roy (Querist) 26 March 2014
HOUSING BOARD HARYANA IS OFFERING FLATS ON HIRE PURCHASE BASIS. I HAVE REQUESTED A FRIEND TO APPLY.IN CASE HE GETS A FLAT, IN THE LOTTERY, I WILL FUND THE COMPLETE AMOUNT.HE ON POSSESSION ,WHICH WILL BE ABOUT 6 -7 YEARS LATER, HE WILL GIVE THE FLAT TO ME. I HAVE ALREADY PAID THE BOOKING AMOUNT. Please let me know,at which all time frame i must take some legal documents to be on the safer side.so that he does not change the stance later after i make part/ full payment for the flat allotted to him.also please let me know the most appropriate legal documents and its complete format (contents). thanks and regards
T. Kalaiselvan, Advocate Online (Expert) 26 March 2014
Despite the above experts giving a clear picture of what can happen if you go ahead with the said dealing, you are repeatedly posting the same query, are you not understanding ?
Rajendra K Goyal (Expert) 27 March 2014
Repeated again and again:

http://www.lawyersclubindia.com/experts/Buying-of-property-of-housing-board-haryana-462156.asp#.UzOl0oVRx3A

http://www.lawyersclubindia.com/experts/Buying-of-property-of-housing-board-haryana-462171.asp#.UzOl_IVRx3A

http://www.lawyersclubindia.com/experts/Buying-of-property-of-housing-board-haryana-462161.asp#.UzOmoYVRx3A
ajay sethi (Expert) 27 March 2014
repeated query no reply
Sudhir Kumar, Advocate (Expert) 15 April 2014
you are making a losing bargain

at the end of the day

money will not be yours
flat will not be yours
friend will not be your

a road to nowhere.


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