Delay in possession
Priti
(Querist) 08 October 2017
This query is : Resolved
Hi experts
I booked a flat in gurgaon with a well know bulider in september 2012 and had paid 32 lacs by various instalmens as per plan of the builder. the total cost of the propety was approx 85 lacs. since last two years no construction activity is going on the site and work is in mid way. the work of tower alloted to me has not been yet started.although they have also not demanded instalments since last few months. intheir agreement they has written that possession will be given in 54 monts with a grace period of 6 months means 60 months which would complete in sept 2018. one more line is there builder can extend the possession time for any technical delays after this time. i have no hope of getting possession on time as no construction activity is going there. i am giving rent also. hard earned money is struck with builder and do not have that much money t book another flat. it was my first flat booking for personal use. i want my money paid back with intrest. what should i do. experts please advise.
regards
Rajendra K Goyal
(Expert) 08 October 2017
60 months seem to complete in sept 2017.
Please again check the builder buyer agreement for all terms and conditions.
You Can move to State consumer redressal Commission for relief.
NCDRC (National Consumer Disputes Redresal Commission) these days is awarding 8% interest on the amount paid if you want to take possession, if want to get back your paid amount, 10% interest as compensation is being allowed. State commission foolows the ruling from NCDRC.
5-10 buyers should gather to claim back your paid amount through NCDRC. Lawyers charges would be distributed and NCDRC can be approached directly in group.
