Hello there!
I wish to purchase a flat in Sector 34B of Kharghar from a re-seller. The builder is R.S. Builders. The buyer has an on-going loan from LIC HFC. I have paid a certain sum to seller in order to book the flat. Also paid another lump sum towards NOC from builder and another 1.5 lac towards part-registration. The broker requires me to pay the entire amount of cost of flat to seller so that the part-registration can be done, post which once the seller's bank (LICHFC) issues a no-dues pending certificate to my lending bank (AXIS), then the final refistration can be done.
My query: Is it okay for me to pay my part of the half of the total value of flat to seller on or before the part-registration and is it legally safe or if not, how can I secure my staggered payments to seller?
Thanks in advance!
Regards,
Binu
