Builder wants original documents for cancellation of agreement
Dear sir ,I have booked a flat in Greater Noida sector 1 , and paid an amount 12 lakhs rupees to the builder.As I have seen from 2years no work progress on /very slow construction.So I want to withdraw my agreement with the builder.When I approached builder office ,one of the representative told me that refund is not easy as the builder invested all money on construction. It may take a long time ,because they did not clear some other pending cases similar to me.But she suggested me to resale it.But I told her anyhow I want to cancel .She forwarded me some cancellation documents which include affidavit notary and notary indemnity bond and advise me to submit original all documents/agreement papers. Now my question is what I do ?If I submit all the original documents and builder not refund me later ?and if I go with their sale team for resale and they cannot sale in time ?can I send a legal notice to builder suggesting some time period to him for resale ,beyond the time limit I can ask him to cancel and refund?Is the legal notice will work as witness if I submit the original documents documents to builder?And what can I do for quick refund process after cancellation of the agreement ?as they mentioned 1-2years for refund time ,which is a very long time..
Asked 8 years ago in Property Law
Religion: Hindu