Purchase of Floor area

Querist : Anonymous (Querist) 23 June 2011 This query is : Open
dear all,

my client wants to purchase one floor of (under construction) commercial complex which is under construction in mumbai.
my client wants to make 88% of the total sale consideration amount or one time payment of the total consideration amount and get the sale deed registered my question is whether there is any restriction via local act/s on such transaction.
does the applicability of MOFA will come into affect in this situation.
kindly suggest.

thnks in anticipation of ur response

Follow Query

Report Abuse

Previous

Next

You need to be the querist or approved LAWyersclub expert to take part in this query .

Click here to login now

Similar Resolved Queries :

Ask Query
Unanswered Queries

O7r11 application
Section 32g of sfc act limitation
Can i use a brand before trademark approval?
Pil against ibps
exam pending at the time of joining govt service
Co owner preventing other from exercising property rights
Religious board placed above flat entry by neighbour
Nri - green card status
Appointment of job during pending criminal case
Regarding - registered documents 1977

Regular matters
Request for second opinion in bar council proceedings
Reinforcing rule-based adjudication in proceedings
Awaiting the shrewd advocate's answer.
Pl. check for legal accuracy
Legal notice used for harrasment
Is advocate guilty?
Advocate�s duty to justice apply to the pre-litigation ?
Legal opinion on baseless legal notice and law
Dismissals due to defective legal notices