Security deposit.

HARSHAD KHONA (Querist) 07 February 2018 This query is : Resolved
Builder after 3.5 years of new construction is asking for 50,000 as security deposit flatwise.We have 1BHK, 2BHK 3 BHK AND 4BHK flats in the building.

Pl advise at earliest.

Regards,

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J K Agrawal (Expert) 08 February 2018
He can not demand so if not agreed at the time of purchase of flat. You can restraint the builder.

HARSHAD KHONA (Querist) 08 February 2018
Thank you very much, Sir.

rajeev sharma (Expert) 09 February 2018
please refer to the sale deed executed by the builder in your favour and find out whether it contains such a condition if there is no such condition then you are not liable to pay.

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