How to get back advance token money in case of a failed property transaction
5 years ago
Hi Recently I have purchased a ews flat in Gurgaon with a view that registries will be done as given the assurance by property dealer and seller. The seller has a sale deed /registry on his name. Currently registries in Gurgaon for Ews flats are not happening I have already paid 80 % of the token amount thru NEFT to the seller. Since registry on hold, I am not keen to buy this flat since it will not give me legal owning rights I have asked the owner to return the Money but he refused. Now I want my money back and looking a legal way to get my hard earned money back Pls advise if I am legally secured Pls direct
Hemant kumar
Responded 4 years ago
You may approach Consumer Forum or RERA and get back your amount with interest.
Anonymous
Replied 5 years ago
Dear Sir
Thanks for your revert. The case here is that the seller is an individual owner who has a registry of this ews flat on his name. Now he is refusing to give money back
What are my chances of getting this money back and how legally am I secured
Suneel Moudgil
Responded 5 years ago
you should have knowledge that EWS plots have some time limit boundations for not to be sold before a specific period, which is approximately 13 years.
now you are advised to file suit for recovery against the seller which is the only option.
Rameshwar Dadhe
Responded 5 years ago
Anonymous
Replied 5 years ago
Thank you so much for your response sir
Pls advise if my funds are secured and will be given back in case I opt for legal course
Can I also claim interest amount
What will be the time duration
Rameshwar Dadhe
Replied 5 years ago
Yes . U can claim with interest . U will get it in just before one year
Land purchase from Scheduled caste belonging person
Land purchase from Scheduled caste belonging person
RTI
capital gain and property valuation
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