Dear Advocates
I have finalized a property in bangalore rural area near to big banyan tree, mysore road, bangalore-60.
I dealt with a middle man for this plot purchase who arranged the property measuring 1536 sqft. (32 * 48) in total.
This property belongs to 2 independent owners. Individual sites measuring as follows:
Plot 1. 32 * 20 = 640
Plot 2. 32 * 28 = 896
Total = 1536
This is in the documents only. But in actual the demension is as follows:
Plot 1. 30*20 = 600
Plot 2. 30*28 = 840
There is a difference of 96sqft from documents to actual.
Another fact is that Plot 1 is South east corner.
Site 2 is east facing.
But since the east by road is dead end, the layout owner did create site on the road later and sold it with greedy. Now the conrner site became normal and inside plot 2 has only 5feet passage instead of 30feet road.
Since plot 2 has become unprefferred, the middle man is trying to sell both the plots to single owner so that the single plot will be soth facing and not much concern about the site created on road.
Now coming to the actual area in sqft is 1440, paper shows 1536
loss is 96 sqft. Middle man says since the 5 feet passage is there, you can occupy the 2 feet from it.
And they want money for 1536sqft.
Now I heard that registrations are on hold for gram panchayat and revenue lands in bangalore.
So middle man says to enter in to agreement with 95% of sale consideration amount paid and take original sale deed from seller and keep it with me until the registration happens. So that property will be with me. And also says no TIME FRAME for agreement because we do not know when the registrations will be started.
I am concerned on this type of agreement. I am not sure whether it will be valid in first place.
And I am not sure of the benefit of holding original sale deed with me until registration.
Need advocate advice in this regard please.
I would be happy if any advocate can assist me in person in handling the property for fees.
Awaiting quick response
Regards
Satya
