Precautions- renting in redevelopment project
Purvi Gawde
(Querist) 10 February 2014
This query is : Resolved
As a licencee, what precautions need to be taken to before taking a rental flat in a newly redeveloped project?
Devajyoti Barman
(Expert) 10 February 2014
Nothing , you are taking this on rent not going to buy it.
You will enjoy it as long as you pay rent.
However do include the period of license.
Purvi Gawde
(Querist) 10 February 2014
Prior to re-development if the area was used as an office after redevelopment the same is alloted as residential... Is there a chance that the society/law/clause may disallow the use as residential...
Devajyoti Barman
(Expert) 10 February 2014
No though you can check the society bye laws to be on the safer side.
Purvi Gawde
(Querist) 10 February 2014
thank you for your reply, please let me know whom can I approach to check the same. I am sure neither the broker nor the licensor would share these details...
Rajendra K Goyal
(Expert) 10 February 2014
Repeated:
http://www.lawyersclubindia.com/experts/Taking-redevelopment-flat-on-rental-453016.asp#.UvjiRoVRy_I
Rajendra K Goyal
(Expert) 10 February 2014
Repeated:
http://www.lawyersclubindia.com/experts/Taking-redevelopment-flat-on-rental-453016.asp#.UvjiRoVRy_I
Purvi Gawde
(Querist) 11 February 2014
Thank you Sirs for your valuable time...
ajay sethi
(Expert) 11 February 2014
repeated query
Devajyoti Barman
(Expert) 12 February 2014
welcome...........
I replied as I did not repetition.