Buying slum structure whih is under r&r policy

Krishna Botkul (Querist) 19 December 2020 This query is : Resolved
Hi Sir,
We reside in Mumbai Maharashtra,
Recently I've met property agent who told me to buy house in slum to the kalwa east of thane city.
This Piece of Land belongs to Central Railway and CR has conducted survey as it will go to R&R scheme as per mmrda.
Can I buy any house here , when survey completed by CR.

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A property agent has suggested buying a house in a slum area in Thane, which is slated for a Redevelopment and Rehabilitation (R&R) scheme by MMRDA on Central Railway land. While a survey has been conducted, buying property in such a situation is not advisable as the scheme is not yet finalised and the transaction could be risky. It's crucial to consult a local lawyer to scrutinise all documents and understand potential encumbrances before even considering such a deal.

Dr J C Vashista (Expert) 19 December 2020
It is advisable to seek professional service of a local prudent lawyer for analyses of facts/ documents, guidance and necessary proceeding.

Isaac Gabriel (Expert) 19 December 2020
It is not advisable since the scheme itself not yet meterialised.Further such build up by the builder is hypothetical, it seems.

kavksatyanarayana (Expert) 19 December 2020
To my best, the CR lands cannot be purchased.

P. Venu (Expert) 20 December 2020
The proposed transaction is a shady deal. This Platform is meant for offering assistance in encroaching public property.

Rajendra K Goyal (Expert) 20 December 2020
On the basis of given facts, deal can not be termed as safe and free from encumbrances. Get all the documents scrutinized by local Advocate.

Krishna Botkul (Querist) 13 May 2023
Thank you very much for the suggestions

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