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Amitabh Sethi (GM Finance)     01 September 2012

Builder demanding exorbitant interest to give possession

I was allotted a flat in a township close to Delhi and now when the flat is ready the builder is demanding a very heavy amount of interest alleging that I had opted for a down payment plan. This is ridiculous as I was not provided any discount or any other concession and also did not choose the down payment plan. The builder has also increased the super area of the flat substantially and is also demanding the additional amount for the increased area. Please advise what steps should be taken to curb the Unfair Practice adopted by the builder and obtain the possession of the flat allotted to me. Should I lodge my complaint with the consumer forum?


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 3 Replies

Anish Thakur 7018812737 (advocate)     02 September 2012

yes ,Mr. Sethi

you should lodge your complaint with the consumer forum .this is the best and fast remedy you have legally .

Amitabh Sethi (GM Finance)     02 September 2012

Thanks. Can you also share the estimated time and the cost involved in pursuing this case through the consumer forum.

Anish Thakur 7018812737 (advocate)     02 September 2012

dear querist ,

in consumer forum it can take maximum 6 months for disposal of the said query depending upon the burden of the forum,you can call us on 9459321520 and advocate_anish@imap.cc for help regarding in this matter.


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