Hi All,
Recently I received a draft sale agreement from one of the builder towards purchase of a 30*40 site in a one of the layout. Now I see the following (below mentioned) one clause which I feel objectionable,
"Only one residential dwelling unit shall be constructed on the Schedule Property. The construction shall be put up only after obtaining plan sanction and there shall not be any deviation from the sanctioned plan, while putting up construction of the residential house in the Schedule Property"My questions:
-"Only one residential dwelling unit" means what? Could somebody please elaborate more on this?
-Is it not a condition that builder is imposing on construction of houses to the purchasers?
To explain more on this clause and to show how this is limitation on the purchaser side, please follow the below my understanding on this clause, "As per any planning authority, it will be allowed/approved to construct 3 floors in a 30X40 site. And my view is that I would like to construct building with 3 floors with each floor having 2BHK house which will have a different entrance through staircase from ground floor. So that I can rent out 2 houses and stay in one house" As per the above mentioned clauses, am I allowed to construct 3 floors residential building with 1 house in each of the floors ?
Any thoughts on this ?
Thanks in Advance,
-Np