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How to get money back from builder


11-Sep-2023 (In Property Law)
Hi, Myself , I had booked a flat under “KRISHNA HOUSING SCHEME 2014” which is a partner of Raheja Developers, the sales person told me that he will take care of my home loan thing as he is having good contacts after knowing about my personal loan liability in advance before paying booking Amount - this was his first lie and he said after one month a lucky draw will happen and then the floor allotment will be decided, which is a completely false commitment again, after too many calls and follow ups for proper receipt of amount paid by me he arranged the invoice copy after 2 months of booking and then I get to know I have alloted 8th floor in the building without any lucky draw thing. I asked to cancel my allotment 2 months back but now no one is telling me when I will get my money back, please help.
Answers (3)

Answer #1
610 votes
Dear Sir,

We live in an era of real estate scams taking the present examples of Earth Infrastructures, Amrapali, Unitech, Jaypee and so on and so forth. Our advise to you would be to explore all possible legal remedies i.e. civil and criminal against the builder.
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Answer #2
624 votes
Hello,
There is many law in your favor, one of the latest and most effective is "Real Estate Regulation and Development Act, 2016".
You need inform me the whole story with documents after i will suggest you best way to follow. Contact me or visit my office for better results.
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Answer #3
889 votes
Dear Querist,

You may file a complaint against the Raheja developers in the Economic offences wing and you may also file a complaint before the consumer forum. the jurisdiction of the consumer forum lies according to the amount of advance amount paid by u.
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