Kashyap (Director) 27 February 2012

Land developer responsibility for advance payment

We have land in rural area near vadodara which we had bought before 20 years and made project for residential plots (with all permissions) scheme, in that we had made booking of some plots with small advance payment. After that we did lots of communication for clients who had booked plots for completing payment and to finish sale deed process.

We have sent lots of letter for completing thier deal but they have not replied. Now after 10-15 years few clients are coming back for sale deed or refund since now value of land has gone up.

I wanted to know what will be our responsibility as a land devoper to this kind of clients who had paid only small amount before 10 years and now claiming ownership of plot or want plot on old prices.

Whether we have only responsiblity of full refund of advance payment or also some other ?

Please advise for this situtation.

Thanks for your support.

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3 Replies

Bharatkumar (ADVOCATE ) 28 February 2012

U are sent letter or notice by Reg. Ad. post or UPC ? copy of all letters or notice are available now? I think if this u can refund amount them without interest.

Bharatkumar (ADVOCATE ) 28 February 2012

No rights of your clients and if they are not accept refund then u can file a suit against them. U are make any document at the time of booking these plots with clients, if, yes then see the all condition and attach this documents with suit.

Kashyap (Director) 29 February 2012

Thanks Bharatkumarji for advise.

We had sent them letters through Reg.Post and we have copy of that. we have communication copies. as a general law whether there is any time frame for claiming ownership against advance ? or its depend on terms between client and land developer ?

Thanks again for response.