My father purchased a leasehold dda flat in delhi in 2011 for around 16 lacs when the circle rate was around 11 lacs. On the onset, he wanted to sell this property at a profit in few days. So, he did not go for registering the GPA for this. Moreover, the seller was a family friend. So,he trusted him. A couple of months after this transaction, the government of Delhi stopped registering the GPA.
My father passed away in 2012 due to bad health. Now, in the current year 2015, the government has resumed the registration of GPA. So, I contacted the seller to go for it. He confirmed that they would do it. I got all the documents in place. However, on the scheduled day, he denied to do so.
Now, he says that he want it back and is asking me to sell it back to him way less than the current market price.
There are only 3 parties for this property, 1 - Allottee 2- Seller 3- Me
The seller has a registered GPA from the allottee. The original documents and the possession of the property is with me.
Can I bypass him and go to the allottee (diseased, mutation case, wife alive) and get the GPA registered from her after the Relinquishment Deed?
If I do so, can he challenge me legally?
Please help in clarifying.
It would be a great help.