Legal Question in Real Estate Law in India

Hi Sir,

1.what all document required to been seen if i purchase a residential flat at Gram phanchayat at Mumbai.

2. i have seen a flat in gram panchayan. paper is in the name of the owner, 7/12 is also in the name of the owner. but the Building has not formed a society. wat are the disadvantage of not forming the society.

3. there are 20 flat in building out of that 9 is pagadi & rest is owner ship.

Kindly suggest can i purchase this property.


Asked on 3/21/13, 12:05 am

4 Answers from Attorneys
Fca Prashant Chavan Expert Edge LLP

21.03.2013

Dear Sir / Madam,

(Ghatkopar West, Mumbai, Maharashtra)

Since the building has both tenants and owners, the overall building maintenance will be a problem as there are likely to be disputes over the monthly contribution to be raised for the repairs and maintenance of the building.

It is always advisable to purchase a flat in a building in Mumbai, which is properly run and managed as a co-operative housing society.

Regards,

FCA Prashant Chavan

Mumbai

(You can also mail me for any further on-line advice at [email protected])

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Answered on 3/21/13, 6:33 am
Jayesh Desai Jayesh Desai

Is the property outside City Limits? In side Greater Mumbai, one needs to check property card. Information provided by you is insufficient to advise.

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Answered on 3/22/13, 9:44 am


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