Hi ,
I need your help and suggestions please..
We (Me and my husband) purchased a flat in Pune , Maharashtra. We did agreement with Flat no as A1- 503. Latter for bank loan and other builders rectification plan , builder and bank informed us that we need to do the correction deed as the Flat numbering has changed and now its A1 building -19 number (A1-19) otherwise bank will not sanction the loan. We did a correction deed, loan got sanctioned and disbursed. Later at the time of possession builder is saying their plan again got some changes and now the Flat number is A1- 503 (The earlier numbering) , when we went for correction deed for second time Sub - registrar denied our request and said second time you cannot go for correction deed on 100 Rs stamp paper and if you want to make changes you need to pay full stamp duty and registration charges for it or else you go for cancellation deed but he is not sure if in audit something goes wrong then you might need to pay stamp duty (whole amt ). Later after builders request/might be bribe (dont know) same registrar is saying you go for cancellation deed no problem.
Now my question is
1. Can we go for cancellation deed and later it would not arise any issue for us. Because if Audit happens after 2 years or so and our file gets open will they ask us for re-registration. Will it not be legal to do cancellation deed.
2. Can we go for correction deed again with full stamp duty which is very high amt (near abt 4 lacs and ask builder to pay that for which he would not be ready easily)
3. Or else what is the solution
I am also not sure what would be Bank reaction on this and whether they will accept such case.
Please advise me.
Thanks in advance
Thanks,
Rupali
