I had booked a 3 BHK flat in JAMSHEDPUR (Jharkhand) in October 2008.The builder could not deliver the flat as promised.After lot of chasing ,Finally in June 2012 Builder informed me that he is unable to deliver the flat and ready to pay me back the amount paid to him with 12 % simple interest.
I finally agreed to the payment as I was fed up chasing him.
Builder gave me 3 cheque of equal installment and encashment is also distributed over 3 months.
I deposited the first cheque on 25-06-12 and it bounced and the bank report was “exceeds the arrangement”.
I have tried to contact the builder and he is not responding positively and only replying “I am arranging your money”.
I am frustrated over the builder’s attitude and I request your kind intervention to solve my problem at the earliest.