I bought 711sq.yrds panchayat plot for 500/- per sq.yrd near hyderabad. The developer promised to register it for 20% of the total amount. But slowly i paid till 40% of the total amount. Now i came to know that land was sold to me at higher price. After lot of survey, i came to know that sqyrd was arround 200/-, but i bought it for 500. I stopped paying him the remaining amount and asked him to resale. He is passing time saying that, "Sir, All customers expect to buy directly from company. Not from you." Now the documents are with him. He is asking me to clear the amount slowly and take the documents. But for the amount i paid till date is reasonable as per the market value and the document was registered for 500 per Sq.Yrd. The govt. value there is 500 now. Document was registered on 13th Dec'2011.
The proofs he has are :
i) The companys letter head stating that i am willing to buy Sq.Yrd for 500 and i signed on it.
ii) Two post paid cheques, which i have cancelled 1 or 2 days before they deposited the cheque.
Proofs I have:
i) Bills for the paid amount.
ii) Photo copies of the sale deed.
My questions are...
1) How can i get my documents back as i have paid the correct amount as per market price.
2) Are there chances that he could double register the land, if i keep them with him.
3) Does cancelling the cheque before it is deposited means bounce in the check. Will that be a crime from my side?
4) There is no legal aggrement or promisary note that he holds to say that am still due balance.
5) How can i get my documents or my money back?
