This is regarding the extra charges being imposed by the builder during registration.
I have purchased a FLAT in Jan 2010 with Possesion Date of Dec 2010.
My agreement says only to pay 49,11,500/ + (Registration + Stamp duty + Maintenance Charges). Now I am asking for registration of the flat and the builder is asking to pay extra Govt. Levies@ 6.5% of 49,11,500
(i.e 3,19,248/-) which is not a part of my agreement. Also he is charging me the late payment charges of 2,06,628/- which is because disbursement got delayed from BANK. The builder did not send any
demand letter to the bank to disburse the amount and there was no progress in the construction.
My Agreement was done - Jan, 2010
Actual Flat Possession Date was - Dec,2010 (Still Not Given)
Current Situation - Not yet giving Possession Date and demanding more money
Please let me know
1. What are 6.5% charges?
2. Also should I pay delay charges as there is a delay from builder side as he is not giving possession then what?
3. How much time it would take me to get this legally resolved in karnataka? I heard there are lots of cases pending to be resolved?