BLACK MAILED now: Jori builder,PUNE and .

Q: Builder has taken all the bank installments Except last one of 1.5 Lacs.

I am dealing with Jori builder for their buildin in Mann,Hinjewadi, Pune. I booked the flats in Jan 2012 and possession was promised in Oct 2013. Build has not given possession yet and explains many technical reasons and is demanding late fees now to pay. Which according to Agreement is 24 %. He is also telling me that I can cancel the flats and can take money back(Excluding interest paid by me since last April 2012. He is asking 5.5 Lac as late fees. He says that market prices has been increased now and I must pay extra money in terms of late fees. I asked him official letter of this demand. He is not sending the letter and not giving possession. Please GUIDE me in this case. I am not able to understand what to do in this Black mailing scenario...

Amit, Pune

1st June 2013

Residential Project Review in Pune

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Replies (1)

First go to a lawyer and start the proceedings legally. This may also have adverse effect as the builder may try to trouble you more. This is why you should always buy from reputed builders, not just anyone.
Its better to speak to the builder in person to pull all your money off, you can also tell him that you may file a case instead. He may worry of the buildings reputation and may pay you the money. Start with consulting a lawyer first.