Dear Sir,
I am asking this on behalf of my friend who is from Tamil Nadu. Value of the land sold is 8 lakhs.
An agreement was clearly put that buyer should pay entire amount in 3 months otherwise the agreement will get cancelled. Buyer paid only 6 lakhs in those 3 months. We approached them to pay the remaining and get the registration done. But the buyer ignored us. After 15 months buyer comes now to pay the remaining 2 lakhs. The land value has increased in these total 18 months. My friend wants 2 more lakhs as land value increased i.e. totally 4 lakhs to complete registration. But buyer is willing to pay only 2 lakhs. Buyer threatens us they will put stay order in selling the land further to anyone. How to approach this situation.
Thanking you.
