dadasaheb kardile
Q: this builder is not forming co. op. society of residents instead he is registering apartment deeds with only 30% ownership rights by taking 100% of money from flat buyers.
My replies to this discussion
yes according to law he can opt for the apartments or society, but previously while booking the flat he has told that he will form a society and now he is registering apartment deeds of few flat owners. in that deed the percent of ownership is 30% and not 100% isn't this a cheating as he has taken whole flat value from us and now why he is just giving us only 30% ownership rights through a apartment deeds ?yes according to law he can opt for the apartments or society, but previously while booking the flat he has told that he will form a society and now he is registering apartment deeds of few flat owners. in that deed the percent of ownership is 30% and not 100% isn't this a cheating as he has taken whole flat value from us and now why he is just giving us only 30% ownership rights through a apartment deeds ?
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