Conveyance deed
ramgopal ratnawat
(Querist) 13 August 2019
This query is : Resolved
Dear Expert,
Greetings!
I have purchase a flat in resale from the first owner in Roadpali, Navi Mumbai (CIDCO is the development authority in the area and builder has purchased the plot from it).
The society has been formed but the conveyance deed has not yet been done by the builder saying that I have to still sale few flats and once that is done he will do the conveyance deed. My query is
What is the implication for me of the conveyance deed which will be done in future?
Will I need the first owner's signatures at the time of flat transfer in CIDCO record
Kindly enlighten
Thanks in advance
kavksatyanarayana
(Expert) 13 August 2019
Ji, to me conveyance deed shall be registered and not advisable to wait till all the flats sold. so request the builder to execute a sale deed otherwise cancel the transaction file case against the builder. We cannot believe some builders. they can take advantages to their convinient.