Can MHADA create third party rights?- Property Hotline
August 19, 2016
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2:36Now PlayingCan MHADA create third party rights?- Property Hotline
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as posted by the channelExpert: Vinay Singh, Legal and Tax Expert.
Question: Can development body i.e. MHADA, create the third party rights without the consent of the residence?
Answer: As now the matter is in court we will wait for the decision of the court. However, this is freehold land a third party cannot sell the FSI on this. Since the matter is in court the one who will buy this will be immediately subject to the decision of the court so it is difficult for someone to buy. In your case, it is ownership land and not leased.
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