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SBack in 2011, my step-parents purchased a property with the intention of it being an investment. Despite some initial hesitation, they went ahead with the purchase. Due to financial and health issues, they were unable to complete the payment. They had paid approximately 50% of the total amount—around ₹80 lakhs—before stopping payments in 2014. Since then, there has been no communication or further payments. They essentially forgot about the property altogether.
Recently, a friend of a friend—who is a lawyer—suggested revisiting the matter, considering the large sum involved. We’re trying to assess if there’s any legal merit in pursuing this case, especially since it was my step-parents who had failed to continue payments. Interestingly, we’ve never received formal notice from the company about the cancellation of the property.
The last communication we had with the company was in 2018. At that time, they asked us to pay the remaining amount at *current market rates*, which we felt was unreasonable. They also made no mention of refunding the previous payments.
I feel bad for my step-parents—they aren’t accustomed to the aggressive nature of real estate dealings.
Here’s the fee structure shared by the lawyer:
* **Drafting and filing**: ₹1,20,000
* **Govt fees, printing, clerical, and other expenses (OPE)**: ₹8,000
* **Rejoinder (if the promoter files a reply to the application)**: ₹60,000
* **Each hearing**: ₹18,000
* **Final hearing**: ₹1,20,000
* **Written submissions (if needed)**: ₹40,000Would appreciate any thoughts or advice on whether it’s worth pursuing this case.
Thanks!
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