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Sumit   07 June 2017

Government value up by 50% post booking plot. message below.

Project is yet to be approved. So as invester, booked plot at very initial stage.

Say initial stage - booked plot at 800 per sft goverment value. so 30*40 plot will cost 9,60,000.

Registeration was as discussed planned in march 2018.

But from last 6 months after booking plot. The government rate is not incrased to 1200 per sqft.

So at the time of registration in march 2018, as it has to be registered at the value of government price in my case.

How can this be shown in sale deed, because the value of property changed to 14,40,000.

The difference amount is 4,80,000. As i dont have to pay developer this difference amount as per agreement made. How can i approach this problem.

Because i dont want developer to show as difference amount paid by cash.

As i dont want any problem in future. kindly advice and guide in this scenario.

Thanks in advance.

 



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