Can i change my bhanakhat amount?

Querist : Anonymous (Querist) 03 January 2025 This query is : Resolved
My property is still under construction and the banakhat is already issued with two joint person name. Is it possible to change mention bhanakhat amount??

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Quick Summary

If your property is still being built and the Bhanakhat has already been issued with two joint names, you might be able to change the amount. This could involve a tripartite agreement with a new buyer and the builder, or executing a fresh agreement and cancelling the old one. However, more details about the Bhanakhat's registration status are needed for a definitive answer.

T. Kalaiselvan, Advocate (Expert) 03 January 2025
Do you want to change sale agreement in favor of any other new person and would like to get back your advance amount?
If so you can arrange for a tripartite agreement with the new buyer and the builder along with you on the terms as per procedures of law.

kavksatyanarayana (Expert) 03 January 2025
Your query is confusing to me. Is the Bhanakhat registered with the two joint person names? Is the bhanakhat is registered before the Sub Registrar or not? You can change the bhanakhat amount executing a fresh agreement and cancelling the previous agreement.

P. Venu (Expert) 04 January 2025
The query is short of material facts.

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