[User_287e9699]

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User_287e9699
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March 10, 2025 at 9:24 pm

Can you suggest me some ways to get my money back or should I go ahead with the sale

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[User_287e9699]

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User_287e9699
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March 10, 2025 at 8:21 pm

Thanks, Any idea how much of the market value I can get if govt decides to do road widening?

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[User_287e9699]

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User_287e9699
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March 8, 2025 at 7:32 am

There was a guy who handled all of these things but this wasn’t brought up. I got to know after I visited the lawyer yesterday. Lesson learnt to verify the docs with lawyer first.

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[User_287e9699]

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User_287e9699
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March 8, 2025 at 4:08 am

What the lawyer told me is that any construction done after 2005 needs to allot some portion as a gift deed for the govt. But this was constructed before, so they haven’t done that yet. Once I buy and plan to construct something , I have to write the gift deed to govt( even though I pay the seller the market rate for the same)

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[User_287e9699]

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March 7, 2025 at 6:18 pm

Got it, thanks 👍

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[User_287e9699]

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March 7, 2025 at 6:13 pm

Probably, not exactly sure on this. Also the bank is not willing to give loan on that portion. Should I exit now considering the risk or as the probability of acquisition is less can I negotiate and go ahead?

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[User_287e9699]

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March 7, 2025 at 6:03 pm

I edited my post, what I wanted to ask is 30 sq belongs to the road widening gift deed that the government owns.So, if the govt decides to extend the road I will lose it. Also the lawyer mentioned that since there is a construction on that part, I won’t even get any compensation from the government.

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March 7, 2025 at 5:59 pm

I meant that 30 sq yard is road widening gift deed that needs to be registered to the government when constructing a building. So it actually belongs to the government.

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