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Should we buy an "as-is-where-is" basis flat?- Property hotline
Posted
August 3, 2016
Views
495
Likes
3
Engagement
0.61%
August 3, 2016
495
3
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3:14Now PlayingExpert: Hemang Jariwala, Advocate at the Bombay High Court.
Question: Can a developer selling a new flat make the buyer purchase the flat on an "as-is-where-is" basis? What does "as-is-where-is" basis mean?
Answer: There is no concept of a developer selling a new flat on "as-is-where-is" basis. Any such condition is illegal and bad in law. The developer is bound to follow all the prevalent laws applicable to the state including good structural and engineering practices.
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