School Building Construction
Construction in return for flat or construction in return for land; Constructions in which the cost of the construction or the value of the transferred land is given as an independent section from the construction.
What is Flat for Land Construction?
Construction in return for flat or construction in return for land; Constructions in which the cost of the construction or the value of the transferred land is given as an independent section from the construction.
For example, you want to build a house on your land, or you want to build a multi-storey building instead of your one-story house, or, you have decided to have a brand new and bigger apartment built by joining all the flat owners in your flat, but you don't have money to pay the contractor for construction. The contractor (contractor) asked that he would do the construction, but in return, you gave him one or more flats and independent sections from the construction. This construction will be construction in return for flat.
For example, a contractor offered to build a site on your land and gave you 10 flats in return, and you accepted. you transferred the ownership of the land to the contractor, the contractor completed the construction and gave you your flats. This construction will be construction in return for land and construction in return for flat.
In short, if you are going to pay the price of the construction to be made by giving a section independent from the construction, it means that you want to have a construction in return for a flat, that is, a construction in return for a land share.