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cancellation of sale agreement
24-Nov-2024 (In Property Law)
A flat buying sale agreement has been executed between buyer and seller for an under construction flat. time for completion is 16 months with full payment in that time. payment is construction linked and buyer has paid 30% in 3 months.
now, buyer not satisfied with performance and invoked cancellation clause by sending written notice and claims for refund within the cancellation and refund clause of agreement.
seller refusing to refund.
is this legal ? 1s 16 nonths wait required to go to court ?
When there is a refund clause in the agreement the developer is bound to refund the paid up money and the consumer court will assist you in getting refund of your money since you are not happy with the development and progress of the construction of the flat. You will also get interest and compensation for mental agony and harassment please contact us for more details
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Adv. Abhishek Dutt
Kolkata | 5+ Answers
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