Dr

The Permanent Alternative Accommodation Agreement provides the much-needed legal standing to the flat purchaser that the new flat number, area, etc., is identified. Also, in the case of the developer failing to fulfill his commitment or breach of sorts, flat purchasers can initiate necessary legal actions against the builder under Maharashtra Ownership Flats Act, 1963.

It comes under the amendment in Article 25(d) of the Schedule 1 of the Bombay Stamp Act 1958.

Regards,

Anaita Vas