Akash Mathur (Director) 31 July 2013
Dear All
We want to enter into an colloberation with a builder for construction of building on our land. we also want to keep two flats in the newly constructed building
1. What kind of agreement we should enter into with builder??
2. How will the title of the flats we keep will be in our name once we enter into an agreement with the builder ???
Regards
Akash Mathur
kavksatyanarayana (subregistrar/supdt.(retired)) 31 July 2013
both the owner of the property and builder may execute a develpment agreement with specific conditions mainly after completion of construction to take the flats as decided by both of the owner and builder and the development agreement be registered in Registrar Office.
adv.raghavan (Advocate,9444674980) 06 August 2013
GO for a MOU with the builder for development of property, mention clauses clearly with regards to sharing of space. then u have to issue POA for sale of UDS tothe builder, based on which he go for registration of property UDS alone on your behalf., total plot minus sold uds will be ur plot.
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