MUTUAL RESCISSION OF AN AGREEMENT TO SELL
Rescission date: 1 April 2026
Seller: Harpreet Singh, Sector 35, Chandigarh. Buyer: Aarav Sharma, Sector 21, Panchkula.
Property: Plot 118, Sector 35-A, Chandigarh (Plot/land), Residential plot measuring 500 square yards.. Agreement: Agreement to Sell dated 01 August 2026.
Agreed sale consideration: ₹2,50,00,000 (Rupees Two Crore Fifty Lakh only). Buyer payments received: ₹50,00,000 (Rupees Fifty Lakh only).
- MUTUAL RESCISSION
Reason: Financing did not proceed. Details: Buyer finance was declined and seller agreed to release buyer.. The parties mutually agree that the identified agreement will not proceed to completion.
- REFUND
Refund to buyer: ₹50,00,000 (Rupees Fifty Lakh only) by Bank transfer, reference UTR HDFC260915501, on 2 April 2026.
- POSSESSION AND DOCUMENTS
Possession: Buyer never received possession.
Original documents: Each party retains one rescinded original marked cancelled for record.