I had booked flat in Pune in Jan 2007. At the time of booking sales people told me that I'll get possession by April 2008. On agreement they printed date of possession as June 2008. Builder asked for 100% disbursement and offered me some discount.I took builders offer and asked bank to disburse full amount to the builder.
But builder delayed possession .They have actually started possession last month i.e December 2009. Total delay of 20 months from promised date. Builder had asked me to clear all dues to start possession process. After getting all work done I went to builder to take keys for my flat. Builder asked to sign some documents. The documents consists of one 100 rupee bond paper , one 200 rupee bond paper (titled something like indeemnation paper) and one credit note .
The text on the credit note said that I have received Rs. 15,000/- against delay in possession and now I'll not fill any complaint for compensation in consumer forum or anywhere else.
When I refused to sign on credit note , builder refused to give me possession.
I need to take possession of flat as early as possible because I'm paying heavy EMI.
What should I do now ? Shall I sign all documents and take possession ?
Is this way all the builders do ? Is it required to such bond papers ?
I feel like trapped .
Please advice