What to do if builder delays flat possession

Q: You can pressurize builders to complete housing projects or compensate for delays in delivery of your flat/apartment.

Rishi Dev,

22nd December 2015

Builder Review in Navi Mumbai

delay possession

delay possession of flats

legal action against builder

grievance against the builder

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Replies (2)

Hi folks,
One can also form a group in the same project and take legal action to get complaint compensate for . Other than cutting costs, this provides a better chance of getting justice faster.

Apurva Nagpal, Pune

22nd December 2015

Comment

Hello Apurva,
But this a time consuming process that takes a long year to get justice. You can also download your visual complain on site like YouTube as powerful tools of complaint.

V. Victor,

22nd December 2015

Yes, it will work but very few buyers /investors visit on YouTube for project details and for latest updates. Everybody likes to see discussion on popular forums and leave their queries. Better, create a free blog and drive traffic to it by posting links on popular forums. People with similar problems will find their way to your blog and a community will be formed.

Apurva Nagpal, Pune

22nd December 2015

@Apurva,
You can take a legal recourse sending a notice in writing. Even if he refuses to accept your notice, proof of sending is valid in the consumer court and will be declared.

Sekhar, Noida

22nd December 2015

Hi Rishi,
Numerous buyers are waiting for their homes and have not received any compensation from the builder. The wait is particularly tough for those whose is paying huge EMI. So what should one do in that situation?

Kunal,

22nd December 2015

Comment

Your first option should be cancellation but it can be a laggard process. If buyers insist, they refund the money after deducting 10-15% of the value of the property. While some deduct 10% of the booking amount, others quote the same figure on cost of property. Small developers may forfeit the entire booking amount. There is no standard guidelines for refunds.

V. Victor,

22nd December 2015