×

quesNew project started in place of old.Will our agreement be still valid?

Would the old Agreement of a housing project be still valid if the construction had stopped & a new project had started in place of the old one? I had invested in a housing project in May 2012 in Noida where the construction was soon stopped. We had invested 8-9 Lakhs in this project. But they started a new project in place of this old one in Jan, 2014 with new t & c’s but the carpet area remained the same.



 



Looking at the t & c’s for asking a refund, they say that a total of 15% will be taken back on a request for refund. My concern is we have invested a total of 15% only.



 



What can I now do?



 

  • ans

     

    We believe that we will be in a better position to reply to your query after the perusal of the terms and conditions of both the Agreements old and new.

     

    In the present case the refund is due to the fault of the builder who has started a new project all together so it may be possible to take a full refund of the amount paid under the new agreement, but we can guide only after perusing the terms.

     

  • Send a legal notice to builder for delay in construction @ Rs. 1999/- only


    Know More
  • 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 Property Lawyers at LawRato.com to address the specific facts and details. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or book a Detailed Consultation with a Lawyer of your choice to address your query in detail.
Consult best Property lawyers in India

Similar questions

My father is being influenced by my elder sibling (sister) to sell his self acquired…
Co-owners share.. Four people A,B,C,D purchased 60 acre land for rs. 6000 in 1957. In…
- my dad and uncle purchased land 20 years back, and it was disputed by…
My dad expired without leaving a will ,mom has expired before him, we are total…

Property Lawyers in India

Advocate Arjun Vinod Bobde

  Supreme Court of India
 Experience: 16 years


Advocate Prashant Mendiratta

  Lajpat Nagar 4
 Experience: 24 years


Advocate Prabhjit Jauhar

  Connaught Place
 Experience: 20 years


Advocate Mohammed Abdul Quadeer

  Shree Ram Nagar
 Experience: 11 years


View all >>

Quick Consult

Get 15 Minutes of Expert Legal Advice on Phone right now

Ask a Free Question

Post a Question online and get free advice from multiple lawyers by email

Find a Lawyer

Easily find and book private consults with top lawyers in India

Get Fee Estimate

Receive multiple quotations for your legal requirement instantly