How to recover money from Builder
Vijay Kumar
(Querist) 12 October 2017
This query is : Resolved
Dear Sir, I had booked a flat at Andheri in 2015, with a reputed builder ACME in a prime project ACME BOULEVARD comprising of six towers. I booked a 3 BHK flat in the proposed tower NO. 6 for which building work was yet to commence. I made 40% payment for that at that time. I paid money by cheque to the builder and also deposited TDS online. Builder issued me allotment letter and payment receipts. The date of possession is not mentioned in allotment letter. The registration of agreement is not done. This tower is not registered in RERA yet. Builder has still not commenced the work for the same tower and is blaming market situations and asking me to shift to another tower. I don't want to shift to another tower and instead want my money back. Builder is saying he cannot return the money immediately and asking me to wait for one year or so to get the money back. He will pay in instalments. What should I do to recover the money from the builder with interest? Kindly advise.
Vijay Kumar
(Querist) 12 October 2017
Kindly advise suitably.
Dr J C Vashista
(Expert) 12 October 2017
Issue a legal notice through a local lawyer citing cancellation of booking consequently refund of money paid with interest, if NO or negative response is received you may file a suit for recovery and/or move to Consumer Disputes Redressal Fora (of appropriate jurisdiction) for malpractice and deficiency of service.
Seek services of a local prudent lawyer.
Rajendra K Goyal
(Expert) 12 October 2017
Repeated query:
http://www.lawyersclubindia.com/experts/REFUND-OF-MONEY-PAID-FOR-BOOKING-FLAT-658531.asp
SHIRISH PAWAR, 7738990900
(Expert) 12 October 2017
You can ask for refund of money. You can approach the consumer forum for the same wherein you can get your money back and forum may grant compensation and interest also.
