Sir,
“A” is an Individual who has land. He has passed the plan from Town Planning department for RESIDENTAIL PURPOSE. HE WANT TO SELL A PLOT ONLY. HE WILL MAKE A SALE DEED WITH PLOT PURCHASER WHICH WILL BE DULT REGISTERED WITH THE SUB-REGISTRAR. PLOT SELLER WILL ALSO MENTION IN THE PLOT SALE DEED THAT HE WILL HAND OVER THE PROPOTINATE AREA OF COMMON AMINITIES LIKE GARDEN, PARKING ETC…. HE WILL NOT WANT TO MAKE ANY CONSTRUCTION ON THAT PLOT. PLOT PURCHASERS WILL DEVELOP IT.
“B” is a Partnership Firm. Firm is ready to develop the plot and common amenities.
“A” will sell a plot to plot purchaser and he will leave after taking money of the plot from the plot purchaser.
“C” is the name of our project, we have registered it with RERA. We have registered “B” as a PROMOTER, who is going to make a contract/agreement with PLOT PURCHASER (not with the PLOT SELLER).
Now RERA officer asking for the DULY REGISTERED DEVELOPMENT AGREEMENT between DEVELOPER and PLOT SELLER.
- How can I get DEVELOPMENT AGREEMENT registered as LAND OWNER IS SELLING PLOT ONLY AND DEVELOPER MAKE DEVELOPMENT AS PER CONTRACT/AGREEMENT WITH THE PLOT PURCHASER?
- AS DEVELOPMENT AGREEMENT SHALL BE WITHOUT CONSIDERATION AS PLOT SELLER SELLS PLOT ONLY AND BY TAKING MONEY AGAINST THAT PLOT, HE WILL TAKE A LEAVE.
