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Refund of Token Money in respect of Property
08-May-2023 (In Consumer Court Law)
I paid an amount of Rs 4 lacs (10% of the total amount), as token money to builder for Phase 2 of under construction project in Dec 2015. Since last 1&1/2 yrs builder has not done buyer seller agreement and now I want my money back with interest for which he is reluctant. Tell me the legal remedy.
You have the option to choose between preferring a case before consumer forum or the real estate regulatory authority. In case you choose to go with the former, you'll have to file a case before the District Consumer Forum. however, before filing the case either with Consumer Court or RERA, you'll have to send a legal notice to the builder seeking full refund of the token money deposited with him together with interest.
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Sir,
If your builder don't fallow buyer seller agreement and he do beyond of agreement or laps then you file a complain case in court for specific relief or back your payment with interest so you meet any advocate personally and file complain case in appropriate authority .
If your builder don't fallow buyer seller agreement and he do beyond of agreement or laps then you file a complain case in court for specific relief or back your payment with interest so you meet any advocate personally and file complain case in appropriate authority .
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Adv. Veerendra Kumar Awasthi
Kanpur | 100+ Answers
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Prima facie, You may approach the consumer forum/commission against the builder. However a more specific reply/remedy can only be suggested after perusal of agreement with the builder and other relevant documents.
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Adv. Arjun Krishna
Lucknow | 25+ Answers
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