Sir I am in need of valuable suggestion on below issue
Current apartment which I am staying is 10 years old apartment. Building having total 24 flats. Whereas builder made total 26 undivided share. Other than 24 flat owners one share for builder and one share for Land owner. In the share of builder and Land owner they constructed few shops in building cellar.
Recently Hyderabad Municipality has demolished the shops in cellar stating it is illegal construction.
Mean time we have registered the association. Now the land Owner is willing to sell the undivided share of his to Association. Is it suggestible to buy this share of Land owner? First place can builder and Land owner hold any undivided share after selling all flats in building? Please help me in understanding the legal rules of undivided share.