I have purchased a 3BHK flat on ownership basis in Kolkata in August'2014 in the name of my mother and myself. I am married having a daughter, too. I have another flat in the same city but on rent under "salaami system", which means I can sell off that flat to a third party and certain percentage of the selling price will be transferred to the present landlord for name change in the rent bill.
My question now arises here. I have not done registration of the newly purchased flat till now as I came to know that until I sell off the first flat if I go ahead with registration then the landlord might file a case in my name as I own a flat on ownership basis. In such a case I might lose out on that flat completely without a single penny coming in hand. A few of my neighbors have suggested to get the sale agreement notarised till such time that I get registration done. Please suggest.