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lokesh grover (service)     23 September 2012

Developer is demanding interest

This is lokesh grover.I need legal advice.We had deposited 25%of amountof a plot at jaipur ajmer road with the private developer in june 2006.

Now when i am willing to sign the plot buyer agreement , Developer is demanding interest for the balance amount since he had sent us demand notice in 2007. I may inform that developer has not made any progress towards infrastructre.If we ask for refund, he will refund us after deducting 10% of the amount & after all the papers / receipt are submitted .

plese advise us what we should do?



Learning

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