Hi all,
About a year back, I have bought a flat in Kolkata from someone, withought going into a sale-greement. I paid full amount and got the property in my name. As I had taken bank loan, bank has taken all property paperwork(deed). Done sale registration, mutation etc. Electricity, telephone, cooperative soceity, all bills in my name. I have invested about 5 lakhs to renovate the flat and make some internal changes.
Now I have found out that the seller was negotiating with another buyer, before me, and that they had a unregistered sale agreement between them. The seller had also taken some money from that potential buyer. Now that other person wants to go to court to sue the seller. I am really worried as I have paid Rs50 lakhs for the flat.
I have spoken to the seller and he assures me that I was sold the flat after the expiry of agreement. I have spoken to the other buyer and he has said that is not true. Where do I stand?
Where do I stand in this legal battle or am I safe? Do I need to take any legal step?Can my flat be taken away from me?
Many thanks for your esteemed advice.
Anindya
