4) in the files of the owners case on the suspension of development work make the attention of the court that the construction had not been done for 7 years, that is why they terminated the contract … The only case of the complainant is that the complainant entered into an unregified agreement of 30.09.2014 on development with O.P. No.1, which is by profession and on the… The strength of such an unregified development agreement, the two sides agreed according to the terms of the facts to develop and promote the country which measures about 3 cottah 20 Sq.ft under Mouza Kodalia… The complainant`s building and it was agreed by the agreement in question that the O.P. 15.00,000/- non-refundable money to the complainant and also two apartments with two bedrooms on the… The previous agreement is not legally valid for the following reasons: in the absence of legal provisions to the contrary, an ATS has not been registered according to industry practice with regard to real estate, both between individuals and between developers and Allottees. As the law did not provide for registration, ATS was also not exposed to the consequences of section 49 of the Registration Act. Therefore, the courts and especially consumers for has, used to make these unregistered ATS effective. 2) Unless you terminate the development contract, you cannot award a contract to third parties 3. However, he cannot claim that the agreement is still valid and valid in eternity, for there is some steep time named just that he spent.
There are a large number of projects in progress in which the developer may have asked the buyer for more than 10% of the cost of the property under the ATS and may have been donated by him, which were (in the absence of requirement) and are still not registered. … Within the time frame agreed above; as such, another unreged development agreement dt. 05.12.2011 was concluded between the complainants and the consideration for the development of the property of the… 4. Ex.A1 is the unreged development agreement dt. Ex.A2 is the unregified development agreement dt.05.12.2011. Ex.A3 is the plan and procedure that was issued by the thinker on 11.02.2012, but the counterparty did not hand over the accommodation to the complainants within the time agreed above; as such, another unreged development agreement dt.