I have booked a open plot at Jaipur from a Builder . The Plot is not in JDA and I have paid the booking amount for the same. The Builder says JDA patta will be received in May .However Builder says that 50% to be paid in advance and rest 50% is loanable .
The builder has issued a receipt for booking amount and there is no agreeemnt between us for the same.
Please advice :
1. What should be done if I pay the 50% of the amount by cheque and agreement to be executed in such case.