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Trapped in Tri-Party Agreement
Q: I had purchased an apartment at Vivansaa Baalsam from Dubai in Aug 2016. The sales team here insisted on going for the Tri-Party Loan Agreement with Indiabulls, whereby the builder agrees to bear all interest till the time of possession. I found the offer to be too good at that time, so I went ahead. Things were going smoothly till two months ago, when Indiabulls debited the monthly interest from my account, stating the reason that Vivansaa have defaulted. They again debited the same amount last month. I have been trying to reach Vivansaa since the last two months, but they are not giving a propoer response regarding the refund. Also, numerous e-mails sent to their management team have not yielded any response. Can anyone suggest a way out of this situation?

tri party agreement
disadvantages of tri-party agreement
Latest Answer: Mr Nair Any Chance we can connect? I know this is an old post but if you think we can then please send me a email on achrungu at gmail.com
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Also see discussions for
Bangalore Sarjapur Attibele Road Vivansaa Baalsam Builder Review Builder Review in Bangalore Builder Review in Sarjapur Attibele Road Builder Review in Vivansaa Baalsam
Things to consider Before buying property in Mumbai
Q: Am planning to invest in Mumbai. Please guide me with all the necessary steps involved in buying property in Mumbai.
Also do provide some informative article which involves neccessary steps to buy property in Mumbai.

documents for buying property
property registration
tri party agreement
investment advice in mumbai
things to know before we invest
important steps involved in investment
planning to invest in mumbai
required documents for a resale property
documents required for property buying in mumbai
checklist before buying property
checklist before buying flats
checklist before buying apartments
documents required for buying properties
checklist for resale property
checklist for under construction properties
joint development agreement
Latest Answer: Hi everybody, Can you tell me which are the that one should check within the project/unit before taking the possession of the property?
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Also see discussions for
Mumbai Investment Advice Investment Advice in Mumbai
Tri Party Agreement..??
Q: Which are the parties involved in tri-party agreement..??

tri party agreement
Latest Answer: Hi Gayatri..is this valid..?? and can you state me an example of this agreement in any case..??
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