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Beware of Owner's share apartment in this building

Q: Planning to buy an apartment in this building. Beware of the flat no: 002, 301, 302, 303, 304, 305, 405. All these belong to owners share. I was also interested in this building and made 20% payment for 302, went in to sale agreement with the land lady. But now she is refusing to honor the sale agreement and refusing to register the flat stating that there has been delay in the payment. The sale agreement was done on 1'st of Feb and i had applied for loan after that. The lawyer for legal opinion had demanded for certified EC which was furnished by her employee on 1'st of April. After the legal and valuation, the bank had sanctioned the loan on 11'th April, but now she is refusing to register the flat and is saying that if you need the flat pay more or the deal is cancelled.
Replies (7)
1
Hi chandan/Bhanu,

Did you get your amount back ? , I see same flats are up for sale now.
Wanted to know few more details on the same , what was the price quoted and how much more was demand for registration.

Indrakumar
Indrakumar M


2
The buyer it seems asked for furnishing and when it was completed by the land lady, the buyer refused to pay for the same. This is the actual reason.
Bhooshan


3
Is this apartment even properly approved by BBMP & BDA ?
Anshul


4
I've uploaded the sale agreement in the link mentioned above. You can check the price there. She was asking for 1.5x.
Bhanu Pratap Singh


5
Bhanu, Can I know how much you paid for the flat and now how much extra she is asking for?
sekhar


6
http://bpnotions.blogspot.in/2014/04/delay-or-hunger-for-more-money.html
Bhanu Pratap Singh


Hi Bhanu,
Have you removed this blog ?
Anshul,  
2nd August 2014


7
Same happened with me .I bought flat no. 303 from her .My loan is passed 1 month back and even the carpenter had finished 80% work .know she ask to pay more money to honour the deal or threat me of drastic action.also tells if I want to fight I can but who will teach this moron a lesson ? Hope the judicial or they will keep cheating people like us with our hard saved money. So let us fight it out as she says.

Chandan kumar
Chandan Kumar


8

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