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Risky project to invest

Q: This project looks risky as the work has stopped since 2yrs, builder has completed the plinth and after that the work has stalled. If you ask at the reception they say we are waiting for CC but how many more years will go in acquiring CC is yet to be seen. This project seems to have no completion date target in place. The builder is new & seems to have no know how of the system in mumbai construction business. The Kabra project just opposite to that seems to comeup at full speed. The builder is answerable to the buyers about the delay but seems to be least bothered to communicate. He has taken more than 50% of the total value of flat from the buyer and is now sitting on that money. Consumer court is the only option for buyer now!!

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