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Hi,
We are planning to buy a 1 bhk (in 3rd floor) portion in a 3 floor building which is having permission to construct only for 2 floors. Pls let me know whether we will get a share in the land like apartments.
Regards
Padma
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While purchase of the property it is necessary to ascertain whether there is valid sanction for the construction, knowing it well that there is no sanction to the construction, the transaction is risky. The municipal authority may by imposing fine, regularise the illegal construction. If the developement is deemed as per apartment ownership act, in that event there can be claim on un divided propertionate share in the land subject to approval to the said construction by municipal authority.
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