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Krishnaiah   25 July 2017

Sale deed agreement & mortgage agreement

Dear Sir/Madam,

I am giving loan of 1 Crore rupes to builder for joint development in Bangalore, he agreed to return that money along with interest after 15 months. For my securily he is saying that , he will do a sale agreement registraion . 

I spoke with one leagal lawyer , he said, better to go for Mortgage registration ?

Which one is correct, please guide me which one i can choose.

Thanks



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