Legal Question in Civil Litigation in India

Hi,

i had booked a flat in bangalore in the year 2008, it was underconstruction. they said that they would complete it by dec 2009 or by 2010 june. i had paid 15 percent booking amount, they were pressurising us to pay 90 percent of the value. we had applied for loan in nationalise bank , due to the documents delivered late by them the processing got delayed. during the process we came to know that thw land was pledge in the bank. our bank insisted them on the noc from the pledged bank. Atlast the loan was sanctioned. Before we pay them they started pestering us daily. my husband got doubt about them since the sales person of that project sat in our bank form morning till evening to get the loan cheque.the same. same day the builder called us and told that if the cheque in not given on that day they would cancel the booking> My husband got more doudbt and told them that go head cancel booking and return the money. the next day the economy crashed in USA. Now we want our money back. But they say that the money cannot be returned since their is a clause that if we donot cancel with in 15days the whole money will be forfieted. But the thing is they have not completed the project till now. There is lot of complaints against them.

If we go to the court can we get our money back. Or how can we get back our money.

1 Answer from Attorneys

Related Questions & Answers

More General Civil Litigation questions and answers in India

Looking for something else?