Forum Replies Created
Viewing 5 posts - 1 through 5 (of 5 total)
-
Posts
-
EHey, its the land owner who purchased them and not builder. Prices appreciated a lot in the area. So even after paying us, he will get good profit. So it worked out itself after a decade. We didn’t file any complaints in RERA or consumer courtEYes you did buy with his permission. He had made an agreement with builder to sell the flats from the builder share to you. File a case on land owner also if he is being ridiculous. If the land value has appreciated decently, you could go for demolishing and sell the land and get your money back. But whatever solution you find, land owner has to agree. Otherwise, there is nothing to do unless he dies naturally and his next generation is sensible. But for people like this, their next generation is worserEWe were exactly in your situation from 2014 to 2024. We purchased in a building that was due to handover in 3-4 months. Mostly cosmetic works and lift / transformer works were pending. Suddenly builder disappeared. Since most of the works were done, if all the flat owners invested like 5L each, pending works would be completed and we can all move on. But the land owner got 4 flats for his share and he wasn’t ready to spend even a penny. Even others came forwarded to contribute for his share and requested to give that money back to the other flat owners, when he sells his flat and gets money from it. Yet he declined. There was nothing we could do. After 10 years, he wanted to buy our flats himself and finish the project and keep the building for himself. If the market rate was 60L, we got 50L even though we invested 30L 10 years go. So it wasn’t too bad at the end but 10 years of trauma is not equal to any money. Through out these years, there was never a legal case filed coz we know its not going to solve anything. Thankfully, we got lucky and we got our money back along with some profit. I wish you come out of this situation.EAssholes like you must be slapped a bit more. What gives your right to drink and drive and kill other’s families.EOP, based on your financial conditions, 1.3cr looks like a huge amount and it will take a life time to pay it off. But if you do well in your studies and get into one of the top companies, it’d a very manageable amount to pay off. Rather than focusing on building your career, earning a lot and helping your dad, it seems like you are falling into what to do when my dad dies??
Viewing 5 posts - 1 through 5 (of 5 total)