Hi All,
I have purchased a flat in an apartment (having less that 10 flats) in Kolhapur. I have taken a home loan from SBI in 2008. We have paid all the money to the builder by 2010 itself. However, the sale deed is not yet executed.
The builder is just giving some or the other reasons since past two years and postponing it. He is saying that he is not getting the completion certificate from the corporation and hence the Declaration is not made and hence he can't execute the sale deed.
Is there any provision in the law that puts time limit for the builder to do the saledeed after possession is given to the buyer?
Thanks in advance.
Vasudev