[Resolved]  Abhyudaya Developers — Delay in returning the advance amount paid

Address:

Bangalore, Karnataka

Hello Sir,
1- 1.5 year back i have invested in a Villa plot by making an agreement with the Abyudaya Developer for 2 plots in Abhyudaya residency Phase 1 layout (60X40 and 40X80), At the time of the booking we were promised that the DC conversion will be done and the khata + Registration will be done within 3 months and the booking amount was taken,

After which they have issued a Forged DC conversion copy, we have not verified but 75% of the total amount was paid to him, Once the documents were checked and had some issue's we requested to return complete amount,
After delay of 1.5 years, Rajanna the MD of Abhyudaya Developers has given 3 cheques with 10 lakhs of interest payment, also told us to wait till he inform, after 1 month of delay, as per RBI guidelines, before three months of the cheque date we have to deposit, we informed the builder and deposited the cheques which has bounced with inadequete funds.

I have the agreement copy, RTGS payments proof, Booking amount Paid reciepts from the developer, Cheques with return reciepts. Mail communications, request to cancellation mail to [protected]@gmail.com

Now the MD - RAJANNA is not replying the calls since the cheque bounced, also we have been treated in bad manner when tried to meet him in Indiranagar Office.

Please guide us on this and get our hard work money back. Total Amount is 42 lakhs and including one cheque of 10 lakhs given for the appreciation by 1.5 years.

These instances are happened with so many customer who invested in the Abhyudaya residency and Lotus gardens layout which is from same developer.

All the booking and agreement is made in my father's Name, am the witness.

Name: Shyam
Father's Name : AL Ramesh
My contact no: [protected]