LawRato

Refund of booking amount of flat


26-Nov-2023 (In Property Law)
Hi I had paid an amount of 11lakhs as initial payment for an under construction property developed, marketed by X builder in 2019 The project was a JV between builder X and land owner Y Receipt for the same was given on joint letter head of X and Y I have not done registration of the property yet Since two years X and Y are now in disagreement due to which no construction has been done Now I want to cancel my booking and get a complete refund of booking amount, TDS deposited by me and gst. X has refused to pay the amount stating the escrow account is in Y name and that they cannot refund any amount till completion of date mentioned in RERA And that if refund is still needed we need to fight with Y for the same X is offering to transfer the entire 11L in their other projects. But these projects are not in my budget In RERA project is registered under Y name Kindly suggest if: 1. I can approach RERA for resolution 2. Is X liable to pay me my money even if Y is now not cooperating
Answers (2)

Answer #1
801 votes
Dear Client, as X & Y bother are promoter hence both are equally responsible for the default done by anyone promoter. Hence there is no question of non responsible for the same. On the otherside you are free to launch complaint against promoter and ask for amount paid to them.
Helpful? LawRato LawRato
Answer #2
539 votes
Hi. Sorry to hear about your issue. This seems like a property division issue and claiming of rights and rera . We can help u with this by way of legal notice of filing criminal or civil case. We can discuss over a call at time convenient
Helpful? LawRato LawRato

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 Divorce Lawyers at lawrato.com to address the specific facts and details.

Report abuse?

Comments by Users

No Comments! Be the first one to comment.

"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."