It sounds like a complex and frustrating situation. Here’s a step-by-step guide to help you navigate this issue:
In my own understanding the issue breaksdown as follow-
1. **Agreement for Sale vs. Deed of Assignment**: Initially, you had an "Agreement for Sale" with Lodha. However, since MIDC (Maharashtra Industrial Development Corporation) does not sell the land outright but leases it, a "Deed of Assignment" for a 99-year lease is required.
2. **Penalties**: MIDC is charging a penalty of around 10-12 lakh to correct the documents. This issue affects all 900 unit owners in the commercial tower.
Steps to Resolve the Issue
1. **Consult a Property Expert**: Given the complexity, consulting a property expert or a real estate lawyer in the Wagle Estate, Thane region is crucial. They can provide personalized advice and represent your interests effectively.
Here are some property experts and real estate consultants in the Wagle Estate, Thane region who might be able to assist you:
- Dream Solutions : Specializes in new residential and commercial projects, as well as resale and rental properties across Thane, Mumbai, and Navi Mumbai.)
- Jaivarvardeep Pvt Ltd. : Offers services in buying, selling, and renting properties.
- LAAMAN DEVELOPERS : Deals with buying and selling properties.
- Hariharans Consultancy : Provides services for buying, selling, and renting properties.
- Daysaan Property Services : Specializes in buying, selling, and renting properties.
and ect.
2. **Collect Documentation**: Gather all relevant documents, including the Agreement for Sale, any communication from MIDC, and any documents related to the penalties and the case against Lodha.
3. **File a Complaint**: If you haven't already, file a formal complaint with MIDC detailing the issue and the penalties being imposed. Request a detailed explanation and a breakdown of the penalty charges.
4. **Legal Action Against Lodha**: Since there was a case registered against Lodha, you might consider joining forces with other affected unit owners to take collective legal action. This can strengthen your position and potentially reduce legal costs.
5. **Negotiate with MIDC**: Engage in negotiations with MIDC to see if the penalty can be reduced or if there are alternative solutions. Sometimes, collective bargaining by multiple affected parties can lead to more favorable outcomes.
6. **RTI Application**: File a Right to Information (RTI) application with MIDC to obtain all relevant documents and communications related to the lease agreement and penalties. This can provide transparency and support your case.
I hope this helps! If you need further assistance, feel free to ask.