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Sreeraj (marketing)     07 July 2014

Investment in real estate by an investor for resale

I have an investor who wants to

invest in around 10 flats.  But he

has the following conditions:

1) He does not want to show his PAN

Card.

2) He does not want to do the stamp

duty registration.

3) He wants to re-sell it after a

couple of years

The builder has agreed to give the

flat without any PAN Card details. 

He has suggested us that he will

only allot us a Flat Allotment

Letter in this case and this will

help us in selling the flat at the

time of resale to any other

customer.  No need for any

registration.  Just wanted to know

if this document will suffice.  Is

there a chance that the builder

will cheat my client.



Learning

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