Hi,
I have bought a plot at Kensington Park Project developed by Jaypee Group, Noida and is now being offered a possession of the same. The demand letter from the Jaypee group is seeking payment for Social Club, Social Club Subscriptttion charges inclusive of service tax, Interest Fee maintenace deposit and 1 year maintenance deposit in advance. While neither the social club has been build not there are any amenities which can be availaed. The builder has not yet build any facilities in comparision to what was offered as part of Info pack duirng the initial adverstiment during the sale of these plots. I don't understand why should I pay for the club which doesn't exist neither the maintenance advance for which no facilities has yet been provided. While I pushed back the same but builder is adamant to get these payments. Hence, I need your expert advice on treatment of this item and also do let me know if there is any regulation which protect the interest of investors.
