27 April 2024
While In Under-construction purchase of property multiple installments are being paid. My Questions are 1. Where Multiple Purchasers are making payment (Say Agreement Value is 99 Lacs) a. What will be Value of Property i.e. Complete Value i.e. 99 Lacs or as per Share of Ownership i.e. 33 Lacs. b. In Subsequent Installments payments what will be mentioned in Previous Installments paid (Say total installment paid Rs. 33 Lacs coming to 11 Lacs Each owner) i. The share of Installment paid by respective owner: or ii. The total of Installments paid by all purchasers together
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