Buying redeveloped tenants flat
I intend to buy a tenants redeveloped flat which was previously owned by MHADA and then taken over by building socy for redevelopment. The building is newly redeveloped now and some tenants have occupied. Since the owner does not have any document stating that the flat belongs to him, The old development agreement carries the owners name and his old flat no alsoon with share certs. The socy has agreed to issue a bonafide certificate saying the owner is the right member based on which the socy is asking me to proceed with purchase of the flat. Is this safe enough?. If not what precautionary documents should I get signed by the owner besides POA, Indemnity bond, sale deed. Since also the owner whose wife is no more, stays in Nashik and his Ration Card does not show his childrens name on it, since they have settled else where, is there a need to have NOC from all the children and their wives etc. The present flat is not registered since the socy says there is no need if its aredeveloped flat, is this correct. Can I buy this flat ? What precations should I take if you advise me to proceed