Development of property under JV
1 year ago
I have entered into an agreement with a developer as JV. At the time of agreement developer given me 1 lac and the agreement was valid for 3 months from the date of signing. Now it is almost 2 years the developer is not doing anything. When I ask him for NOC upon I refund tht 1lac, he is asking for 2 lac for NOC. My house is stuck and so am I. What to do on this case ?
A.Dear Client,
Please contact the given number on the website for further clarification of your query.
Please contact the given number on the website for further clarification of your query.
Helpful
Helpful
Share
A.Dear client
If the JDA was valid for 3 months then on expiry of 3 months the agreement t has become null and void and you do not need any NOC from him. In fact depending on the agreement terms you can keep some amount of advance ne as penalty
If the JDA was valid for 3 months then on expiry of 3 months the agreement t has become null and void and you do not need any NOC from him. In fact depending on the agreement terms you can keep some amount of advance ne as penalty
Helpful
Helpful
Share
Read Related Answers
Can Builder Cancel Affordable After taking full Amount
Dear Client,
In the absence of any specific term Builder Buyer Agreement(BBA) a Builder cannot cancell an allotment of a flat outrightly on receipt of full or part of the price or value of the flat fr...
Complaint on Apartment Maintenance issue
Dear Client,
Per sq, ft method is extensively used for the calculation of the maintenance charges for the societies/RWA across the country. This system of calculation is used when the sizes of apartm...
Question on Buying 10 years old flat with registration on hold
Dear Client ,
you can not rent / lease or sell your property until you have received complete possession of the property. you have to complete registration process for the same before getting into re...
REGISTRATION OF Apartment owners association under companies act
Dear sir,
It is ordinarily registered under specific act which might have been enacted by your state government otherwise consult the sub registrar office.
I am being asked to pay more than my neighbour for Open Car Parking
Dear Client,
Firstly, document all your interactions with the builder, including dates, times, and any communication (emails, letters, etc.). This documentation will be crucial if you need to escala...
Read Blogs on Real Estate
Real Estate Lawyers
Find Lawyers by Location
