November 30, 2016
56
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4:21Now PlayingExpert: Uday Wavikar, VP - Consumer Court & Bar Association, Maharashtra & Goa.
Question: I would like to know after entering sale agreement for a gated community sites, can I negotiate with a developer at the present situation. I have finalised a 1500 sq. ft. site at the rate of 3650 per sq. ft. near jail road (close to Hosa Road) South Bangalore. I have also paid the token amount in September. As the document verification process is not completed can I negotiate?
Answer: If you have already signed the agreement then it is difficult for you to re-negotiate the price. But if agreement is not signed then go through the sanctioned plan thoroughly, make sure future commitments are mentioned in the agreement, negotiate the rate and the area with the builder and then get the agreement registered.
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