Q: we have given a lac as token advance to buy 200 sq Yards individual plot with construction. Builder is refusing to disclose the information and reluctenet to provide details of title and exact survey no in which my house falls under as it is a total of 12 acre gated community layout which has been approved by gram panchayat.
He is not cooperative, finally the story is as
He has sold few flats to an NRI and registered my flat (about to buy) on his name.
Now they are saying that agreement will be done between NRI and us instead of PVNR SHANKAR GREEN HOMES
If we issue the checks on the name of an NRI will there be legal issues later on by PVNR SHANKAR GREEN HOMES
If its so will there be separate agreement between us and builder for construction in the land ?
Will there be any issues in LOAN processing ?
If loan to be disbursed then will it be on PVNR SHANKAR GREEN HOMES ?
Hi. I suggest you talk to other residents in that area, if you can. You will understand how the builders are. Maybe ask around in the local areas where they are located you will get some information. If you feel something is fishy then you should probably just stay away from this.
Yes. You should do that. By the way do you have the documents that say that you have paid the token advance? I think you will definitely need it. Contact them once ot twice about this if they don't you must approach a lawywer.
See, no builder would ever do that. Why would they want to hide things from you. I suggest you seriously address this issue with them. Maybe even be ready to take this matter up legally through a lawyer or take the help of the police station.
Hello, Mr. Kiran you seem to be in a very sticky situation. But you definitely are talking about a lot of money so I advise you to take the next step very carefully. As you have said he is not being clear about things with you which means he's taking you very lightly or he has some plans to cheat you.