I have 2BHK Flat ins sbp north valley. it was supposed to be completed in June 2013. Its still not complete

Q: Builder is demanding last 10% installment even though neither the building nor flat has been completed. Additionally get repeated calls harassing asking for payment and threatining to cancel agreement. builder has sent possesion letter. Send a letter in reply no response. Also my contract mentions monthly compensation of posession is delayed. Builder not ready to honor that. Singla builders is the worst builder behaving more like gundas out to grab money than fulfilling commitment towards customer.. wht t do nxt

sukhdev singh rehal,

16th March 2014

Builder Review in SBP North Valley, Sector 127, Mohali

compensation

delay in completion

singla builders

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Replies (1)

Hi Sukhdev,
Is your agreement based on construction or time link. if it is construction link and the project is getting delay then builder will pay you after the said part of completion or if it time based agreement then will you the compensation amount on time delivery. Is it mention on your agreement that builder will pay you if there is delay in possession. Then you should take the legal step and if it is not mention in your then it is very difficult to get the compensation amount. You must read the agreement paper and then talked to the developer.