New Flat declared illegal and my loan already started
Querist :
Anonymous
(Querist) 13 August 2018
This query is : Open
Dear Expert,
I have buy 1 new flat which 90 building project in Kasheli Thane in the March 2016 which was under construction. And on June 2017 I have registered that in bhiwandi registrar office and then my loan started.
I am still not take this flat possession coz still this is in under construction. Builder supposed to give me the possession on January 2018.
But on February 2018 Local collector officer came to the project and stopped all the construction saying that whole project is illegal.
Now all builders and land owners are in jail.
From last 7 to 8 months they are in jail.
And unnecessary I am paying emi to the bank.
This is my 1st flat and they cheated to us.
In that case what can we do ?
What can we do with bank emi problem?
What can we do for my flat ?
How can I over come with this loss?