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Related to delay in refund by the developer
06-Jul-2023 (In Property Law)
Hi, I have invested my money to purchase a property in June 2015. There was a contract signed between me and the developer with an agreement that if the project doesn't kick off in next 12 months then the developer has to pay back the money with 21% interest. There was a post dated cheque also given to me. now it is over 2 years, the project never kick-off and I am still awaiting for my money. I want to know what are my legal options to get my money recovered. The agreement was done on a 100 rs stamp paper the amount is over 10 lacs Regards Gopal
if according to the agreement the project didn't kick of in next twelve months then as per the agreement the developer has to pay you back the money with 21% interest this is as per the agreement. if you want to recover the money then you have to approach consumer court. and what happened about the post dated cheque given to you??
Helpful?
Adv. Siddharth D Magdum
Mumbai | 25+ Answers
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