Dear All,

i am planning to purchase a flat in a society which is 4 yrs old .

landowner had not sold their share of 4 flats and i am purchasing 1 of them .

have few questions / clarifications to be answered .

1) is this going to be considered as first hand property or 2nd hand / resale.

2) what documents should be checked

3) legal points to check

4) if i apply for bank loan will i get loan on the total sale value or guidance value of the property in this area. will first hand / secnd hand have any effect on resale value of this .

regards

Sparsh