Decode Ballistic Reports Like a Pro. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Murthy   08 September 2023

sale deed

Can a developer buy land and give saleable area in the project as considerstion under a sale deed


Quick Summary
A developer can potentially purchase land and offer saleable project area as consideration under a sale deed. However, this is contingent on the specific terms of the agreement for sale and mutual agreement between the buyer and seller. To get a definitive answer, all relevant facts must be disclosed, and consulting a local legal professional with the necessary documents is highly recommended.

 3 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     08 September 2023

Yes.  But state full facts to get a proper reply.

T. Kalaiselvan, Advocate (Advocate)     09 September 2023

It depends on the conditions of agreement for sale and if the conditions have been mutually agreed between the seller and the buyer.

Dr. J C Vashista (Advocate )     09 September 2023

Incomplete facts cannot lead to form proper opinion and oblige.

It is advisable to consult a local prudent lawyer with relevant records.


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register