I am facing issue with my constructor, who is constructing my house . We mutually agreed i.e. the payment will be made only after work, Now i have paid 50% after construction. But now he is refusing to work and asking payment in advance to continue work. as i have borrow loan from bank and payment will be credited only after construction. Please suggest me.
an agreement between both party is attested through notary and attached
it is clearly mention i.e.
the payment shall be made partly as per the direction of the bank of the first party.
Bank has directed for payment as below
30 % on plenth level
20% on linter
20% on plaster and wood work
30 % on final
now 50% payment has been done by me as linter is completed.now he is asking for advance for plaster and wood work. Please suggest.