Redev of the property
pooja dedhia
(Querist) 22 May 2012
This query is : Open
The buider has to get the IOD For going to redevelopment project.
What is the full form of the IOD? WHAT IS STAND FOR?
Who issued this IOD & TO WHOM –Is it issue to the original landlord or the redeveloper?
Is it mandatory to mention the sanction floor?
If IOD do not state the sanctioned the floor,what does it meant?
If on a particular land, if there are 6 landloard are staying there,and 90% of land has been purchased by the builder & 10% of land is possessed by the former land lord,can builder has legally construct the premises on that? 10% holding landlord has entered I to agreement of dev, how it will impact in the future if there will be dispute bet 10% holder & the builder?
