05 June 2019
Dear All, A firm is selling agricultural lands at Hubballi. This is black soil land and 1-1/2 feet deep we can find that the land is solid, so that it can be fit for construction.
The person who took us for site visit, says he will register the Land on my name after I credit the 5000/- (per month) EMIs to His bank account starting August 2019, which he said he will Whatsapp me his A/c number. This 5000/- I need to pay him for the next 5 years (approx).
He has given the receipt of the said land, and the Non-Judicial agreement paper. I have paid him 25,000/- advance towards Development fee (he says needed for electricity, drainage work, etc).
My first doubt is he says he will register the land on my name after I pay him all the nearly, 60 months EMI. Says he will take the amount for registration of the land at the cost applicable at that time.
Kindly advise me if this guy (S.S. Developers, Hubballi, karnataka) is a fake one or genuine firm.
CAclubindia
