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Arvind   28 October 2016

Assignment deed payment terms

I am planning to buy an apartment from a builder in Bangalore. The builder is transferring a Sale Agreement to me through Assignment Deed.   The Sale Agreeement is for 30 Lacs. The current property 

value is 50 lakhs. The builder is asking me to pay 50 lacs to the owner of Sale Agreeement.  Is this correct legally ? 

Should i pay 30 lacs to owner and 20 lacs to builder ?

Kindly advice. 



 1 Replies

Kumar Doab (FIN)     28 October 2016

Prefer complete legal opinion from a very able specializing in revenue/property/civil matters for a considered opinion.

It may take afew days but can defend your interest.  


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