Possession date

Sunil ji, you are absolutely right with your observation. In fact, any investment made in Delhi-NCR over the past 3 years has not yielded any good returns for investors. I was reading an article few days back that there is an unsold inventory of nearly 1.25 lac units in Delhi-NCR. Rentals in the posh South Delhi zone have slumped.

And the builders are all arrogant. I purchased my flat in resale in July 2012. That time, the builder's office said that painting/flooring is going on and I should expect the 5% demand in the next 3 months.

Well, more than 3 years later, I am yet to receive that demand. God knows what sort of painting/flooring is been done for the past 3 years... Whole bunch of liars.

I purchased my flat @ 4125/- BSP. Today, if I call a dealer, he says, that sellers are in the market even at 3800/-. Bank FD would have generated a return of 9% per annum. After investing 60 lacs, I am nowhere.

3 years back, one of my relative purchased a 3 bhk in Anant Raj Madelia, Manesar. Construction work has stopped at site due to some litigation with farmers. I fail to understand how a builder gets to start a project; until all the dues of the land seller are settled.

Now, what can be done in our case is that at least 10 flat owners collectively go to Ramprastha with a status update regarding our flats. I am ready to go to their office. Please let me know if others are willing to join me. Thanks. Vishal Jain. 9891450955