NOTICE FOR DEFAULT IN PAYING THE ASSURED RETURN
Date: 1 April 2026
To,
ABC Developers Private Limited
SCO 10, Sector 17, Chandigarh
Subject: Default in payment of the assured return on Shop No. 12, Ground Floor, Green Park Business Centre
Dear Sir/Madam,
- 1. I, Aarav Sharma, of House No. 211, Sector 21, Panchkula, bought Shop No. 12, Ground Floor in your project Green Park Business Centre under the agreement dated 2 April 2026 and have paid you ₹42,00,000 (Rupees Forty Two Lakh only).
- 2. In that agreement you promised an assured return, as follows:
Clause 9: the Builder shall pay Rs 35,000 per month on the 7th of each month from the date of the agreement until possession.
- 3. You paid the return up to March 2026 and have stopped paying since. The following payments are unpaid: 6 payments, April to September 2026. The total arrears are ₹2,10,000 (Rupees Two Lakh Ten Thousand only).
- 4. I have already asked you for payment, as follows:
We emailed on 4 June 2026 and wrote on 20 July 2026. The Builder said payment would follow but has paid nothing.
- 5. I therefore call on you to pay the arrears of ₹2,10,000 (Rupees Two Lakh Ten Thousand only), together with interest as the agreement and the law allow, within 15 days of this notice, and to keep paying the assured return as the agreement provides.
- 6. If I do not receive payment within that time, I will be left no choice but to approach the Real Estate Regulatory Authority and any other forum open to me, and to ask for the relief the law allows. This notice is sent without giving up any of my rights.
Yours faithfully,
Signature: ______________________________
Aarav Sharma
House No. 211, Sector 21, Panchkula