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A RERA-registered compact-only tower by the Singasandra metro, from about Rs 85 lakh. Strong rental logic, but a steep per sq ft price and thin resale.

Under Sections 10 to 12 of the Transfer of Property Act, an absolute bar on reselling transferred property is void, conditions ending ownership on attempted sale or insolvency are void, and directions on use of an absolute interest can be ignored, with exceptions for leases and for directions protecting neighbouring property.

Section 28 of the Indian Contract Act makes agreements void to the extent they absolutely bar court proceedings, limit the time to enforce rights, or extinguish rights after a specified period. Arbitration agreements are saved by exceptions, so buyers should read both kinds of clause before signing.

Under the Indian Contract Act, a sale agreement that becomes impossible, or unlawful through an event the seller could not prevent, becomes void (s.56), and the advance must be restored (s.65). A seller who knew or should have known of the impossibility must also compensate the buyer.

Under the Indian Contract Act, a property purchase induced by fraud (s.17) or misrepresentation (s.18) is voidable at the buyer's option, who may instead insist on performance (s.19). But a buyer who could have found the truth with ordinary diligence cannot avoid it for misrepresentation.

Under the Transfer of Property Act, an existing mortgage is an earlier right that binds a later buyer until discharged (s.48). Section 60 lets the mortgagor, and under s.59A those deriving title, redeem and recover deeds and a release. Section 56 adds marshalling where several properties were mortgaged.