Gpa property

Querist : Anonymous (Querist) 03 February 2012 This query is : Resolved
I am going to buy a property in a Society (Vikas Kunj, Vikas Puri, New Delhi)which is on GPA. The entire society is on GPA and from last 2/3 decades all sales were done on GPA (GPA registration). No bank is providing loan on sale of these society flats. The flat I am going to buy is from Original Allotee (1st owner.The society has MCD Water, DDA Market, Super Bazar etc. What would be the repurcussions of buying such property?

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Raj Kumar Makkad (Expert) 04 February 2012
You post it in your personal name removing anonymous, to enable us to read and reply your query. Content of query will nor be read, if posted as "Anonymous

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Reposting it because it was marked resolved by mistake