Exchange Of 1 BHK Flat With 2 BHK Flat After 2 Yrs Of Registration

Dear Client, Review the original redevelopment agreement to understand any terms related to changes or upgrades. Communicate with the developer about your intention to exchange the 1 BHK flat for a 2 BHK flat. Discuss the additional cost involved and agree on the terms of the exchange. Decide whether to cancel the existing agreement or to draft a supplementary or modification agreement. f allowed, you may draft a Supplementary Agreement or Addendum to modify the terms of the original agreement. For a new agreement or substantial alterations, you will need to pay stamp duty as per the applicable rates. Both the new agreement and the supplementary agreement, if applicable, need to be registered with the sub-registrar’s office to be legally valid.

It is safe to get new agreement in lieu of old as it is mandatory to cancel the agreed property to freed for future disposal by developer. Only thing is you have to ensure that pricing terms are based on previous rates.

Dear Client It is conditional matter and in agreement otherwise there may be several ammend. For further process please make contact me on my mobile number or whatsapp me 9453330362 or 9554932027’ Email id nyaykarya11@gmail.com Thanks