We are purchasing a plot from a reputed builder in Bangalore and had booked the plot last year and have also done agreement with the builder.
Builder had done a joint development agreement with a lady and she had given her other plots to the builder. The builder had to give 30% land to the lady and so he gave some plots to the lady. My plot is 1 of the plots coming in owner's share (30% share ) and is mentioned in their sharing agreement that it is owner's share.
1. Does joint development agreement and sharing agreement provide proper right like sale deed?
2. Since I am the buyer, who should do plot registration to me. Builder is saying that the lady will do registration and the builder will be confirming party.
Is it OK to proceed? Please suggest.