Hello,
My uncle had a 1000 Sq Yards land which he has given for devlopment to a builder, the agreement between them was 2 flats + some cash to my uncle, all other remaining flats will be builders share which he can sell. It was around 10 years back. Apart from the agreement of devlopment, My uncle has not registered the 2 flats separatley as builder said its not required as my uncle was also the land owner. From last 10 years my uncle is playing the propery tax and he has rented these 2 flats and getting rent regularly.
Please let me know if the devlopment agreement with (2 flats to my uncle) is sufficient or my uncle has to register his share of 2 flats separetly?
Thanks
