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Deepak (Asst Managet)     09 January 2012

Require advice

Dear Sir,

I have purchase CIDCO open Plot @ Aurangabad ( Maharashtra ) with 3 other friend jointly to built Appartment for self use. One of them has take respocibility to build and we have agreed to give him fixed amount . This was fixed almost 2 and half year back now after almost completing 50 % construction he has increased constrction cost by  5 Lacs and stop constrction . Other two member also is with him. We have not done any agreement for this. Property has registered jointly in our names and I had given 20 Lacs for this aganst deal of 30 Lacs  . 7 lacs by cheque and balance by cash. As Land cost is increased almost by thrice he has now thretained  me with other 2 member that either pay 5 lacs more or take your money

Requesting to please guide me in above issue

 

Thanks & Regards

Deepak



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