Real estate company delaying the project. How to recover my money?
07-Mar-2023 (In Property Law)
I have paid Rs10,00,000 to dreamzinfra, bangalore , realestate company and i need to recover the amount, pls help. They have not started the project for 2 years and I have all the receipts and MOM with me. Please help me to recover my money.
Building projects are often delayed due to disputes between a builder, land owner and developer. Builders try to term these as force majeure, which means due to circumstances beyond their control, to avoid being held liable for deficiency in service. In a recent ruling, the National Commission has held that such disputes cannot be termed force majeure, and a consumer would be entitled to claim a refund along with interest and compensation when the builder is unable to complete the housing project in time. However, a builder can neither unilaterally extend the date of possession nor insist on allotting alternate flat or plot to escape refunding the amount.The consumer has the right to refund along with compensation when a builder delays possession beyond the agreed time.. Further details contact us ..thank you
Hi, You should have taken the legal steps already, if the scheduled deliverable date is skipped by the infrastructure company as per MOM. As per your wording, It could be intentional cheating/forgery/fraud committed by the company. So, you can file criminal complaint against the infrastructure company with near by police station to resolve this issue as early as possible. By parallel, you may file recovery suit against them. I would able to suggest you the exact legal remedy only after seeing the MOM. You can talk to any lawyer who look criminal/property related issues.
It appears that the real estate company that made the said project is TGS of Sachin Naik and Mandeep Kaur. The also had other projects like Vaishnavi. 2 people Yoga narasimha , Muralidhar have already approached me to take legal action against them, If you can join it will be cheaper for you.
Sir
you can filed a consumer case against them for recovery of the amount. Or you can also file a recovery case against them
it is not suppose to say here or demand here to you. It is the first company that cheating the public. Please visit my office .
Because , Even one of my relative also sufferer from this dreamzinfra. A Petition was prepared and while sending notice i came to know that they left the address.
If you interested you can approach us and file a Consumer Case against them
you can filed a consumer case against them for recovery of the amount. Or you can also file a recovery case against them
it is not suppose to say here or demand here to you. It is the first company that cheating the public. Please visit my office .
Because , Even one of my relative also sufferer from this dreamzinfra. A Petition was prepared and while sending notice i came to know that they left the address.
If you interested you can approach us and file a Consumer Case against them
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
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