Kamal Janakiraman
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Is this a secure mode of transaction or not?
Q: I have planned to buy a building which is under construction. The total cost of land and building is 45 lakhs. We have approval of 20 lakhs from bank in the name of builder. The problem is the builder is not accepting a penny as dd/cheque. He needs everything in cash. I like to know whether this is a secure mode of transaction and should I continue with this proposal or cancel it. Need your valuable suggestions.

Latest Answer: Hello Kamal, Please check the reputtaion of the builder and also take advice from your legal expert.

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