Thank you for your valuable advise. We, both the parties have discussed and he agreed to give the amount back with in 4 months through Internet banking i.e, NEFT. He asked to submit the cancellation letter in this regarding which we have submitted in his office today (29 Feb 2016) and i have also provided my bank account details to him.
The cancellation letter submitter witnesses are my brother and an advocate.
He also asked us to return the originals of Sale agreement and deposit receipts after he transfers the funds/amount to my bank account.
Request you to let us know your opinion on this Sir,