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IDon’t vacate the house. 190 sq yards is around 1700sqft of land. Even small builders do not consider less than 2400sqft of land for development. Construction time should be max 6-8 months or max 1 year to build G+2.
Which city is the land located in? What’s the approx price for sqft of land? You should do some math before agreeing. Also just don’t commit to verbal agreement. You should consult a property lawyer and then proceed further. Make an agreement between your dad and engineer with strong T&Cs in your favour in case dispute arises in future.
Since you mentioned that the land is not registered, that engineer might be aware of it and want to take advantage of it. My suggestion is get your property documents updated and corrected from a lawyer then apply for loan and construct with your own money. That engineer seems like he wants to grab the land.
II was at SBI bank a week ago. I saw 3-4 people complaining the same. 590 amount deducted for their account. One guy was a construction worker who did not even know how to read. His passbook had these chargers of 590. None of them were aware of this demat account.Seems like an organized scam by SBI or they are again trying to recover the loan amount which was defaulted by some big businessman of this country.
II read these kinds of stories of getting scammed by investing, joining the whatsapp/telegram groups. Initially getting a small profit, then dumping more capital out of greed and then losing whole money. Every week/month there is a story like this in news. Still people keep falling for it. Last week I read that Indians have lost a whopping 12,000 crores to online scams in 2024.And to my surprise, all educated people are the ones losing huge amounts of money.
IThanks for the suggestion. I have denied it for now. I have left an option for him to stay or to vacate.INo. It’s a residential building. Rental agreement also states cannot be used for commercial activities. He says he wants to start distribution of bread business in some new areas. So for that he needs gst registration.
