- As per rule, when a person buy an apartment then technically he buys two things,
1. First is the constructed part of the building where that purchaser after becoming owner will actually reside, and
2. The Second is a proportionate share of the land on which the property is built, and this share of land allotted to the flat buyer is known as an undivided land share or UDS.
- Further, the value of the said flat/property is depend on the UDS, and constructed area i.e. Land rate will increase and not the value of the constructed flats rate.
- Further, the sum of all the undivided shares for each flat owner must be proportionate to the area of the land in which the apartment has been constructed.
- Hence, the details of the undivided share of land. must be mentioned in the sale agreement, and further the same details should be mention in the Sale deed ,at the time of registering the same .
- Further, as per rule, common area is not a part of undivided share, and legally it cannot be included as part of the floor area.
- Further, the builder having no right to sell the parking area and it come under the common area , and when the society will be formed then you will loose the right in the parking space .
- Lodge a compliant against the builder.