I bought a flat last year in Navi-Mumbai from "Trust Builder" (name changed). Since this was the first time that I bought a flat, and I being from an other state can"t understand Marati, builder took full advantage. Along with the "Agreement for sale" he (builder"s employee, who has a power of attorney of the builder) took my signature on some more stamp papers. When signing those papers, I thought they are all compulsory and I will get a copy for reference later after the registration is done. But NO... this guy didnot give the papers for one week, and one week later he gave a copy of it (he directly submitted the original in the bank for a loan). When I saw the copy, I immediately came to know that he took my signature on many more papers and atleast one of them was a stamp paper. On the day of signing those papers, he was turning the pages and I signed them all without checking what is written in them. He took signatures on some empty registration forms also. I donot know what they are. When I asked him about those papers, he simply denied having taken my signature on any other papers. Fearing retribution and harassment in giving the posession of the flat, I had to keep quite. I got the posession of the flat, but the fact that he took my signatures on some papers was nagging me all the time. I couldnot sleep properly for many days. I finally decided to sell it off. Builder himself found a party and took 3L comission for the sale. But I still feel that something is wrong.
RE:Some builders are cheats... Be aware guys........
by on Nov 18, 2007 12:32 AM Permalink
My advice to all who want to buy flats in Mumbai is to check thoroughly what you are signing, and take two people you know when you go to registration office., and always put date below your signature.
RE:RE:Some builders are cheats... Be aware guys........
by Raj on Nov 18, 2007 11:27 AM Permalink
Mr. On: You are great guy to criticise him. He is trying to give advice to you and all to be cautious while signing papers. confessing his mistakes and giving such advices needs lot of courage. Do not unnecessarily criticise like this.