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Raj (service)     28 April 2008

Buying 'GS' Property

Dear Sir,
I was looking for a house in Kharghar in Navi Mumbai and finalised a deal on a 18 floor building located in sector 19 Kharghar. But just came to know that the plot on which this building is being constructed is 'GS' plot but the builder has obtained a tri party agreement and also has registred for development from CIDCO. Can u pls advice if there is a risk of purchasing a flat in this building. Are there any future difficulties anticipated if any for staying/selling and will I be able to sell this flat at par with other cidco clear title flats sorrounding this area. The builder is Maharaja Dream Homes Pvt Ltd and the building is ''Dream heights' Pls advice weather to go ahead in this deal or look for some other project. Your early reply is highly appreciated

Thanks



Learning

 2 Replies

Ajay kumar singh (Advocate)     28 April 2008

What do you mean by "GS" ? Pl make it clear to facilitate us to answer you.

Guest (n/a)     23 August 2008

Its GES (Gaonthan Expansion Scheme).


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