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Home > Forum > Chennai > OMR > Builder Review > Handing over of some blocks are inordinately delayed. Are the owners getting any compensation from b ...

Handing over of some blocks are inordinately delayed. Are the owners getting any compensation from builder (Olympia)?

Q: Amber Block was to be handed over in March 2011. Now it's delayed by 17 months already. It may take another 3 months to start handing over.

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Chennai OMR Olympia Opaline Builder Review Builder Review in Chennai Builder Review in OMR Builder Review in Olympia Opaline
Replies (5)
1
Hi, it is better to take advice from a legal expert and see what could be done..
guru


All OLYMPIA Projects are getting delayed years . All buyer are ended up paying PRE-EMI . And losing the rent.
And they are giving very less compensation 5 Rs per sqft. Not sure they will give that also.

I suggest if some one want to buy flat in OLYPIA better think of delivery of flat . If they say 1 year for delivery it will be delivered after 3 years only.
Bharath Chunchu, Apartment Resident 
5th May 2013


2
You can join the owners group of Olympia Opaline by clicking join owners group.
Nikhil


3
You can form a group with other buyers and demand the buyer for compensation.
Nikhil


4
It has crossed 2 years and it is really unfair on the part of buyers..
Dhiraj


5
If the delay is long than said date then the buyers have the right to ask for compensation...
Dhiraj


6

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