queshow to get money back for undelivered plots

We had paid advance money to book residential plots, which were yet to be approved by the authorities. We had paid Rs.50000 per plot and also had convinced 2 of our relatives to buy this property, as the area seemed to have a potential for growth. There were also other esteemed people of our town, who had invested in the property. So, in good faith we went ahead and paid the booking amount in 2010. We were given the receipt of the payment. However, till date we haven't received any update on the property and when approached, the real-estate developer says that the approval is still under process. Our further investigation on this particular developer shows that he has the practice of taking land which have unclear ownership records and selling it to innocent people. Given this background, we want to get our money back with the bank rate of interest. We had sent a written letter through R/D with Acknowledgement. The company has received the letter, but there is no reply even after 2 months. We want to explore the legal option and get our money back.

  • ansHow was the payment made? Was it by cash or cheque? Was there any acknowledgement received? Was any written agreement signed? You state that you have sent a letter by R/D but no reply has been received. In such a case you can move consumer forum against the developer for deficiency in service and ask for refund of money with interest and also claim compensation for the harassment you have gone through.

  • Send a legal notice for recovery of dues @ 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 Recovery 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 Recovery lawyers in India

Similar questions

I purchased Kisan Vikas Patra in name of my daughter and nominated my wife for…
Dear team, I paid total 47,400 rupees at Shine2Career recruiters for various duties, and they…
My friend got cheated for 70 Lakhs from a temple priest in Rajahmundry who was…

How can I claim my money back for a faulty jacket that I had bought from Yebhi.com…

Recovery Lawyers in India

Advocate Prashant Mendiratta

  Lajpat Nagar 4
 Experience: 24 years

Advocate Prabhjit Jauhar

  Connaught Place
 Experience: 20 years

Advocate Jaspreet Singh Rai

  Greater Kailash 1
 Experience: 14 years

Advocate Harish Malhotra

  District Court
 Experience: 19 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