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- Don't give that cheque unless he has a name for the society. He can put the cheque in some other account and claim that you never paid. Is he ready to give a receipt for that amount ?
Normally builders have some escrow account in whose name you have to give the cheque.
If you have a mailing list/newgroup of your complex/flat owners, then try to discuss this and have more folks to support you and demand the builder to register a society first.
I thought, the builder has to form a society (eg: XY Cooperative Housing Society) to get permission to build such a large complex. Without this, how did he get permission ?CommentQuote0Flag
- It all starts here. Thats why in a RE transaction 90% of the times its only Builders that make money and the buyers loose money.
If you have even half of your brain with you, don't indulge in these things.CommentQuote0Flag
- shoot him
Take a gun and shoot him man.CommentQuote0Flag