Registered sale agreement cum gpa
Querist :
Anonymous
(Querist) 31 October 2011
This query is : Resolved
In A .P there is a practice that Registered Sale Agreement cum GPA will be obtained by
the real estate developers, they will develop land and divide them into plots ,obtain permission from urban development authorities and subsquently they will sell the plotsto the individual buyers by Regd. sale deeds.In the light of the above I request your clarification in below cases-
1.If the developer B obtain Registered Sale Agreement cum GPA in 2010 from the land owner A ,develops the land and devide the land into plots with Urban development Authority approvals and sell the individual plot C in 15-11- 2011 by Regd Sale deed – Will it be valid ?
2.If developer obtain regd sale agreement cum Gpa in 2012 and sells by following the sameprocedure and sells the individual plots in 2013 by regd sale deeds -Will it valid ?
Thanking you,
ajay sethi
(Expert) 31 October 2011
yes it will be valid .
