Planning to Revoke plot purchase Deal Planning to Revoke plot purchase Deal

4 years ago

Hi Sir,
I had made a purchase agreement for a plot as per market value by paying 40% of total value and rest of the 60 % to be paid during registration, but now the market value of the plot has declined huge by few decision taken by government. So i don't want purchase the plot any more. As my 40 % of amount is with seller. So what would be the better way to revoke the purchase agreement & money from the seller ?
What are the challenges that i might face from seller legally or else
please suggest,how should i proceed legally in the process of obtaining my money back.

Rameshwar Dadhe

Responded 4 years ago

A.If seller are ready to do it then it will be possible
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