LAND PURCHASE PROCESS

• IDENTIFY THE LAND PARCEL

• CONFIRM LAND USE ZONE

• PREPARE TERMSHEET

• PAY TOKEN ADVANCE

• ENTER AGREEMENT FOR SALE WITH ALL TERMS AND CONDITIONS FOR THE DUE PERFORMANCE

• PAYMENT OF EARNEST MONEY• FORFEITURE OF EARNEST MONEY

• TIME PERIOD 9-12 months• TIME IS THE ESSENCE OF THE CONTRACT

• CONDUCT DUE DILIGENCE THROUGH LEARNED ADVOCATES AND SOLICITORS

• SEND REQUISITIONS

• CURING OF DEFECTS/ENCUMBRANCES IN THE PROPERTY

• IF THE PROPERTY IS NOT CLEAR, VALID AND MARKETABLE-

• PURCHASE SUBJECT TO ENCUMBRANCES• OR• TERMINATE THE CONTRACT

• COMPLETION PAYMENT AS PER THE AGREED TERMS

• GET SALE PERMISSIONS• N.A. PERMISSIONS

• CONSENT OF THE CONCERNED PARTIES

• EXECUTE SALE DEED/CONVEYANCE DEED

PAYMENT OF STAMP DUTY

REGISTRATION OF THE EXECUTED DEED

MUTATION OF THE PROPERTY

BREACH OF CONTRACT

SUIT FOR SPECIFIC PERFORMANCESUIT FOR INJUNCTIONSUIT FOR DAMAGES

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