When a property is subject to future terms and conditions and its transfer is contingent upon a future date, this is known as an Agreement of Sale. When the agreement's terms and conditions are satisfied or the transfer of property has expired, the agreement becomes a sale.

Navi Mumbai Real Estate market will surely welcome this news with open arms. CIDCO has recently announced that it will put up around 182 Small And Medium Residential Plots for sale. This will indeed boost property developments in Navi Mumbai further.