I wish to purchase a flat in a newly built complex in Kolkata. However, the owner/investor of the flat has not registered his sales deed after purchasing. My financier is not willing to provide finance for an unregistered flat. The owner is also not willing to register his flat for financial burdens.
My question is whether there is any way to cancel the sales deed of the owner and execute a new one with the builder?? This way, the owner can get the price of the flat from the builder and my financier can disburse the loan to the builder, who is actually the clear title holder.
