AS 11 May 2022
Advocate Bhartesh goyal (advocate) 11 May 2022
You can file complaint for your grievances before District Consumer Commission or RERA and claim compensation for not given possession in stipulated period or claim refund of paid amount with interest.
AS 11 May 2022
Thanks Advocate Bhartesh goyal ji,
Can you please let me know how much compensation I can claim to builde? In case he deny how much interest he is libel to pay me in case of refund?
Do I need to claim it in particular format. Can you please help me with process and/or links of it.
Thanks & Regards,
Rama chary Rachakonda (Secunderabad/Telangana state Highcourt practice watsapp no.9989324294 ) 11 May 2022
Compensation: A buyer can claim compensation of upto 10% of the property price if in case the delay has been caused by the builder without any justification as given under RERA rules. Even under a consumer case, a buyer can claim compensation
Dr J C Vashista (Advocate) 12 May 2022
Very well analysed, opined and advised by expert Mr. Bhartesh Goyal, I endorse the same.
Rate / Amount of compensation claim against the builder would be mentioned in Builder Buyer Agreement, which differ from case to case but no such rate / amount is prescribed.
Kishor Mehta (CEO) 12 May 2022
The best option for you would be to approach MAHARERA.