Hi, I have a land in Hyderabad for which one of the builders have approached me to develop it. What all procedures should I look in to in order to be aware before I can trust him? Also, he is offering a 50-50 ration which is the rate for that area. Please advise me on what should I do now?
Answered on November 08, 2017
You have to ensure that the developer has a good reputation in market and has delivered on his past commitment and further the terms and conditions agreed between and the developer should be expessly set out in the Agreement executed by you with the developers and should also provide for consequence for breach and/or default by the developer. You should engage the services of an Advocate for the aforesaid.
