Lacks brs (building regularization scheme) approval.
Shivakrishna Pabba
(Querist) 21 October 2024
This query is : Open
"I am considering purchasing a commercial flat on the fifth floor that currently lacks BRS (Building Regularization Scheme) approval. The owner had applied for the BRS, but it was halted due to a stay order. The owner has the challans as proof of payment for the BRS application. Due to his son living in the USA, he wants to sell the property. He is providing me with the deed copy, UDS (Undivided Share of Land), and all relevant link documents from the builder. Is it advisable to purchase this property without BRS approval? Could there be a risk of demolition or other legal issues in the future?"
