Rate Change after booking the Flat

Mahesh Kakade (Querist) 10 November 2010 This query is : Resolved
I have booked the flat @ x rate per sq.ft for 1BHK and builder has given the receipt of the same after taken a booking cheque from me but till date he not deposited booking amount cheque in my account. Now builder want to change the rate of per sq.ft of the Flat.
Can the builder change the rate after issued booking receipt ?
Any remady for this for me.

Follow Query

Report Abuse

R.Ranganathan (Expert) 10 November 2010
Builder cannot change the rate once accepted. But this has to be proved with the available receipt and other records with you.

Parveen Kr. Aggarwal (Expert) 10 November 2010
From your query it appears that a formal agrement/contract is not entered into and merely a receipt of the amount has been issued to you. In the absence of a valid contract containing clause specifying price/rate, it will be very difficult for you to prove at what rate/price the builder had undertaken to provide you the flat.