LawRato

Recovery of Money paid to Builder for Pre Launch Booking of a Flat


20-Mar-2023 (In Recovery Law)
I paid ten lakh to a builder for pre launch booking of a flat gurgaon in March 2013 (seven years back). The project did not started and hence when asked, the builder has not returned the money so far, despite repeated visits/letters. I do not have any document from the builder except a hand written receipt of account payee cheques and the transaction of the money by the bank. I want to know as what are legal remedies or options available with me to get my money back from the builder after a period of seven years. regards
Answers (2)

Answer #1
605 votes
Hello your case need more details for discussion however you will have to give legal notice to the builder for refund along with interest and thereafter you should file complaint either before RERA or Consumer court for refund and compensation. Since you gave money in 2013 it is important to discuss status of the project presently if it is not yet launched and registered with RERA you can also lodge FIR against builder for cheating and breach of trust
Helpful? LawRato LawRato
Answer #2
850 votes
If the project is started than we we file a case in rera court and iif not astarted than ee will fule a case in civil court for recovery of money. I can help you to recover your money from the builder.
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."