Around 90 of us have invested in Dreamz Sumadhur project and are facing a difficult situation. Despite three years passing with no progress, we were assured that the project was BBMP approved. We’re now seeking to cancel our bookings and get our money back, which ranges from roughly ₹Y per person with interest.
Best Answer
Based on Indian laws, you have grounds to seek cancellation of your bookings and refund with interest. The developer’s failure to complete the project within a reasonable timeframe, despite assurances of BBMP approval, constitutes a breach of contract. You can explore legal recourse through consumer forums or civil courts to recover your investment and accrued interest.
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