Legal Question in Real Estate Law in India
Deposits Made to acquire property
We made large advance deposits to acquire our retirement property in Goa, India to M-Tech developers. The project has NOT yet started for nearly two and half years. What recourse do we have to get our money returned?
3 Answers from Attorneys
Re: Deposits Made to acquire property
You can take the following legal actions:
(1) If you have any agreement/s then you can file a cheating case agains the Developer.
(2) Parallely you can file a case of recovery.
(3) File a complaint in Consumer Forum.
For more advice please furnish more facts and circumstances or Please contact personally alongwith the documentary evidences, if any.
Professional charges are applicable.
Re: Deposits Made to acquire property
You need to approach either Consumer Forum or Court, depending upon the facts and circumstances and reliefs you want to claim.
Apart from above and in addition, you can also initiate criminal action against an erring promoter & builder.
Re: Deposits Made to acquire property
If you entered into any agreement with your developer then you can file a cheating case against the developer and you also can file case for recovery of money and even you can approach consumer forum if you entered into agreement to purchase any flat.
Based on your information I have given reply. If further clarification contact with full details.
M.P. SANJAY
Advocate
Ph 9392465234
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