Not giving money after cancellation
I have booked a property in konnark builders Chindrhan village navi mumbai through Green Valley property at kamothe in 2017.
The agreement value was 20,00,000 and I paid booking amount to 2,00,000 to konnark developers and paid 2,30,000 to green Valley. I made all payment through cheque.
The registration of the flat was also we did. And after that due to financial condition I had cancelled the booking and as per the agreement with konnark in 2018, they had deducted 5% of the agreement value that is 1,00,000 and refunded me 1,00,000 but green Valley had not refunded my amount which was 2,30,000.And they were saying you will not get the full amount as some was deducted as a cancellation charge. I already paid cancellation charge to konnark as per the agreement then why they were talking about cancellation charges.
They had given me 5 cheques amounting 2,30,000 out of which 3 cheques were bounce in 2018 and after that they have paid me 15000 and said you will recive payment in parts because your flat is not sold. They keep on delaying my payments. My financial condition is not so good.
What will I do in such situation.
Asked 4 years ago in Property Law
Religion: Hindu
For the above property Stamp duty and registration of the flat is 1,20,000 out of 2,30,000 which green Valley have paid.
I asked green valley they said you will get refund of 1,00,000 from our side and we had applied refund of stamp duty from goverment. When goverment will refund you will get that amount also
But they are saying the same thing you will recive payment in parts as your flat is not sold. But this is their lookout I had already paid cancellation charges.
What% of deduction in the stamp duty part that is from government.
Should I wait till he made payment in parts.
Asked 4 years ago