Buying of Flat in Building constructed on leased land

Building constructed on leased building, lease will be from any Govt. authority and for 99 years, it deem to sale, so tehre is no problem to purchase the flat in that building

just verify if the lease is a perpetual lease i mean lease for 99 years. then there should not be any prob. so far as rectification of car parking is concerned no extra stamp duty is to be paid in rectification. However, u will hv to mention that other facts remain the same and if the consideration paid under sale deed included parking area then state that consideration consisted of parking area also. however, by mistake it was not mentioned in the sale deed.

Thanks for the response

But would like to mention that the lease is for 30 years with a quasi govt body in Thane and if this will make any difference . Will there be any problem at the time of resale of the same and what about stamp duty.

i think there must lease between q-gov authority and a society of flat owners. if this is so then:

there is "tenant-owner" relationship between such society and flat owner. a person i.e. flat purchaser becomes owner of the construction and tenant of the land.

without reading the bye-laws of the society and lease deed, it will be difficult to comment accurately, yet normally there are nos such problems in purchasing such flats.

I am planning to purchase a flat that will be developed on a leased land for 65 years.  This property has been auctioned by MMRDA.

Is there an issue to purchase flats which are developed on leased land.  what happens once the lease is complete.  I have recently seen many such flats coming up in mumbai.  Please advise.  thanks