Iam planningto buy a flat in chennai ...I registration is planned based on the UDS value
I have a question related to the "deed of sale witnesseth"
i have paid some initial amount and for the rest iam taking a loan from bank.. the bank has provided cheque amount a bit more than the UDS value since the initial construction at the site has started
1. Is it necessary to mention the initial amount and cheque details paid by me to be mentioned in the sale deed
2. is it necessary to mention the cheque details and the amount paid by bank to be mentioned in the sale deed
3. if the cheque and amount details paid by bank is to be mentioned in the sale deed , in my case would it cause any complications since the amount sanctioned in the cheque is bit more than the UDS value and iam registering it for the UDS value alone
or should i ask the bank to issue two different cheques one for the exact uds amount and the other for the work done at the site ?
Request your advice on this regard