Purchasing a flat -legal angel

Basudev Munda (Querist) 19 February 2016 This query is : Resolved
I have identified a flat in a small municipal area in Odisha. It is a ready to move old flat, seller saying, they ( company) have purchased it but the ownership is still with the builder,hence registration would be done by the builder. In such case what should i do? and or precautions what legal documents i should verify before investing in it. Also, whether i will get bank loan.
Kindly advise on this matter asap.

regards

Basudev Munda

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Rajendra K Goyal (Expert) 19 February 2016
Get all the documents checked / verified through local lawyer to be on safe side. Sizable amount is on stake in this deal.

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