How to get refund back from builder on cancellation of flat
Dear sir,
Let me first update you. Yesterday I had met with Builder CRM team about there Flat cancellation procedure. The highlights of meeting is as below:-
1. They want all original documents to submit and filled one cancellation form . They will provide acknowledgment of the same with stamp and sign.
2. 4 ?deduction of agreement value( 1.28 lac), which they are confirming only verbally not ready to give in writing.
3. PDC cheque after 9 month in 3 parts of 2 lac but they will tell the date....almost 1 year horizon.(Aug2017), not ready to give in writing how much amount of cheque and in how many parts.?
4. Option to transfer in ready( 6month) possession but rate too high not possible as there is no job in hand.
Our status-
1.We had given 20 ? of agreement value approx. 670000/- lac to them on March 2014 agreement value is Rs.32lac
2.We have only proof of 20? receipt with no terms and conditions on receipt.
3.No allotment letter till date from builder side.
4.No welcome kit/No LOI/ No Annexure till date.
5.No stamp duty till date as our stamp duty , registration is free. They are forcing now to do that but no work is going on site till date. According to them work will start soon.
6.two month before only they got CC.
7.Fourth time we have sanction our home loan for them only but builder were not ready to go for free stamp duty registration for last 2 years, from last 1 month he is forcing us to go for stamp duty n registration now we deny as builder financial position is very very poor.
5. Actually they should return our amount with interest ...but let's forget it ,but why deduction? We have not given anything in writing of the same not aware about deduction as it was not disclosed by builder at the time of booking.
We are confused what to do???
Pls. Guide?
We should go Legal or not legal
Asked 7 years ago in Property Law
Religion: Hindu