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Exchange deed

(Querist) 19 January 2016 This query is : Resolved 
Our society building is gone for re-development, building is already demolished and construction work has started.
I want to exchange my new allotted flat (2BHK) with another existing member of the society having new allotted smaller flat (1BHK). Society as well as builder are ready to give NOCs for the same thru letter.
Now my query is, is it required to make society and builder as party to agreement for exchange as building is at construction stage?
Kindly advice.
Thanks in advance.
Guest (Expert) 19 January 2016
since both flats are part of the society building and under construction, i think society and builder may be a party.
H.M.Patnaik (Expert) 19 January 2016
Without going through the docs. of redevelopment, it is not possible to advice properly. Better , you consult an experienced Civil lawyer of your locality with connected records and facts for proper advice.
Rajendra K Goyal (Expert) 20 January 2016
Consult local lawyer and show him all the documents.


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