We booked a flat in a well-known Gurgaon builder’s project and paid 18 lakhs as a booking amount. Now, due to unforeseen financial difficulties, we can’t afford the next installment. The builder refuses to cancel our booking, even though we’re willing to pay a penalty. They’re holding onto our 18 lakhs and won’t provide a copy of the agreement we signed. What legal options do we have to get our money back and avoid losing the entire booking amount?

Apni Law
Apni Law
Law Forum › Category: Property › We booked a flat in a well-known Gurgaon builder’s project and paid 18 lakhs as a booking amount. Now, due to unforeseen financial difficulties, we can’t afford the next installment. The builder refuses to cancel our booking, even though we’re willing to pay a penalty. They’re holding onto our 18 lakhs and won’t provide a copy of the agreement we signed. What legal options do we have to get our money back and avoid losing the entire booking amount?
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Apni Law Staff asked 2 years ago

We booked a flat in a well-known Gurgaon builder’s project and paid 18 lakhs as a booking amount. Now, due to unforeseen financial difficulties, we can’t afford the next installment. The builder refuses to cancel our booking, even though we’re willing to pay a penalty. They’re holding onto our 18 lakhs and won’t provide a copy of the agreement we signed. What legal options do we have to get our money back and avoid losing the entire booking amount?

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Apni Law Staff answered 2 years ago

You have the right to seek legal recourse. You can approach the Consumer Forum or file a civil suit against the builder for breach of contract and unfair trade practices. You can also seek an injunction to prevent the builder from forfeiting your booking amount.

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Previous Article My wife wants a divorce. We have a young son, and I want to be able to see him. I’m struggling financially and can’t afford to pay alimony. What are the steps I need to take?
Next Article I bought an apartment in 2011 from Mr. X and Mr. Y. Mr. X had bought it from the builder in 2002 and gave power of attorney to Mr. Y. The first document I received had an EB card with a UDS of 280. After living there for a year, SBI bank and the police conducted a SARFAESI Act seizure in 2012. Shocked, I learned that Mr. A had taken a loan using a duplicate document of my house in 2003 with a UDS of 270, allegedly with the builder’s help. I filed a case against the builder and Mr. A in the crime branch, who were both arrested. However, the case continues in various courts, including DRT, DRAT, and the High Court, without a resolution. I am a genuine buyer, and I need help to regain access to my apartment immediately. What steps can I take to get justice and regain possession of my property?

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