Legal Question in Real Estate Law in India

Hi,

I have purchased a property at karol bagh(new delhi).The property is under construction will get possession by dec 2017.

I have paid 40% of the amount now i have to pay 10% every quater sort off,means 6 more payments.

Price of property is 38 lakh.i have paid 16lakh, now 10% payment plan came, amount should be around 4 lakh, but they are asking for around 5 lakh. 4 lakh what i expected and 1 lakh i.e d-vat on 50% sale value @ 6.5625%.

I want to know what is this d-vat,are they charging fair or are they cheating because with d-vat i have to 1lakh more without any reason.


Asked on 4/03/16, 11:01 am

1 Answer from Attorneys
Santosh Goswami,Advocate sure shot legal

Does the builder buyer agreement contains such clause? Vat can not be paid every time on 10% payment. Show me the agreement.

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Answered on 4/12/16, 9:06 pm


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