Cancelation of sale agreement after 3 years

Guest (Querist) 24 September 2015 This query is : Resolved
Sir in 25/01/2010 we agreed and signed a registered sale agreement regarding sale of house
And sale vale is Rs.25 lakhs and he paid me 20 lakhs in advance and balance 5 lakhs to be paid at
time of sale.The time given to him is 2 years and it ends in 24/01/2012.In the agreement sale agreement its clearly mentioned that the agreement will be invalid and the buyer will loss his whole advance if he failed to make the settlement in time. Now its been 3 years after the
Agreement lapsed. Is there any possible way to cancel the agreement without going to court and in the absence of the buyer.one of my lawyer suggests if I move to court it may take nearly 5 years. Kindly help me.

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