Hello Lawyers,
I needed to seek some redressal from this forum, I had actually Purchased a land in Raigard dist Pune.
The Real estate firm who sold provided me with a MOU which said that the "If in Case of cancellation by customer himself, 10% of the toatal amount paid till date would be deducted as the Process chareges.
But Unfortunately the Owner Firm says that the land has been acquired by the MIDC. And he says that we would be providing you land in other area.
So I would like to ask, If I am not interested in buying the other compensating land and would like to withdraw my token amount from the firm still I would have to bear the loss of 10%. because all the clauses are in respect to the plot we entered into the agreement.
Pls help common ppl like me
Regards
Ravi Mishra
Pune
+91 9503 388 791