Builder torture

Dear Payal,

Since you do not have documentary proof of the money paid to the builder. Proceed with caution, try getting onto record somehow that you have paid him. Try recording - and get him to accept the money already paid. Casually ask him what is left to be paid and if you could pay in installments. Just get him to acknolwedge anyhow. Once we have that conversation we can serve him with a legal notice asking for return of amount. 

Feel free to talk 

Without any document of acknowledgement receipt you would not able to take legal action against the builder, ,any how try to convience the builder and entered into any agreement for sale and get  money receipt.

Dear Sir,

If I take the risk of signing the stamp duty and registration then what will happen ?

Circumstances:

1) I have to give him a post dated cheque for the remaining 15 lacs on date of registration.

2) I hand over the cheque to him and at a later date and the cheque bounces if I am not able to arrange money

3) Now I will be paying in for 7 lacs + Stamp Duty & Registration Fees

4) Will it go on record that I have paid him 7 lacs earlier on the day of registration.

What happens if I am unable to pay 15 lacs later after paying stamp duty and registration ??

Please guide me as I dont know where to go from here...........

Dear Mr.Payal

      I don"t think your buildor will accept the Post dated cheques at the time of registration,because generally buildors accept the consideration price as Demand draft , Cash, or Public Sector or other Bank and Financial institutions housing loan cheque only.Possibility of accepting your personnal cheque at the time of registration of your flat is very rare.