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Rustomjee is asking interest payment!

Q: I booked flat in Athena C in Nov 2009 and TMC approval was received in Mar 2011. I did not pay beyond 20% as my bank refused to pay the loan amount for lack of TMC approval. Rustomjee continued construction without TMC approval between Nov 2009 and Mar 2011. Rustomjee had MOU with LIC or ICICI, and it tried to sell me as home loan client to LIC and ICICI. I disagreed siting non-beneficial home loan terms and risk of not getting TMC approval for the project at all.

Subsequently we registered the flat agreement in May 2011. Now, Rustomjee is asking for interest payment of about Rs 13 lacs beyond agreement value which we are of course refusing siting lack of documentation at their end. On Jun 20th 2011, I received Intimation of Cancellation from Rustomjee. Today I am meeting my lawyer to go to Consumer Court Thane to address the issue.

Anyone faced similar isssue? Anyone agreed to pay interest to Rustomjee? Do let me know. That will help me correct my course of action if wrong,

T

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Replies (1)
1
Hi, my name is Manohar , came across your interest case in Rustomjee while surfing on this site , have faced similar problem hence need your guidance & therefore your contact details. My H/p no- 9819256318
Manohar


2

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