I have sold my property in Nagpur via SALE DEED in May 2012 to a a builder along with his partner.
Payment was made to me through a DD and three post-dated cheques (Jul 2012, Sep 2012 and Nov 2012). I am also allotted a flat in the apartment to be built by the builder.
Please note, all the post dated cheques have bounced and have NOT been honored till date. Also, so far the apartment construction work has not started.
As I am in Bangalore, I am unable to follow-up and have not taken any action and trusting the builder's empty promises who has cited internal issues and legal problems with his partner as the reason for the delay.
01. Please let me know, what I should do?
02. Does the builder have any right to sell off the property without my consent to anyone?
03. Can I sell my claim in the allotted flat in the apartment to a willing party with the consent of his partner?