Landlord of Palm Island Mall offers to sign Sale Deeds

Excelsior Correspondent

JAMMU, Mar 30: Clarifying his stand over the Palm Island Mall issue, which has been in news in the wake of protests by the Investors, the landlord Amar Nath Chowdhary today claimed that he was willing to sign the Sale Deeds in the interest of the buyers.
Talking to media persons, here today, he appealed the Investors to visit his office with the previous payment receipts and pending amount to get the registry of their respective slots. “Despite not receiving my due share from the company, I am still willing to sign the Sale Deed (registry) of the slot to the buyers regarding which a Public Notice was also issued by me on 22-8-2015 in the local media,” he said.
However, at the same time, Amar Nath Chowdhary made it clear that he was not going to sign the Sale Agreement as the same would renew the Joint Venture Agreement with the developer, which has already expired.
Amar Nath Chowdhary also sought to clarify that the case registered against him in January 2016, was not linked with the Palm Island Mall but Royal Palm portion of the property. The case was wrongly converted from Royal Palm to Multiplex and we have challenged the same in the court of law for seeking justice, he added.
Pertinent to mention that the Investors of Palm Island Mall recently held protests alleging that the landlord was not issuing them sale deed of the slots despite payment of the same.