Rs , sq ft

Removed from Shortlist

My Shortlist ()
Keep track of your shortlisted properties here. Shortlist a property to get started.

How much builder should charged 20% per year subvention scheme if work is slow during 3rd year also?

Q: At Thane, MH, one of the reputed builder had launch 20% per year subvention scheme. So far builder has charged 40% and this year 2020 end builder is demanding 20% more as per the agreement then total will be 60%.
Building is 44 floors plus 3 floors of parking but so far only plinth work and 2 floor parking structure is done. The cost to customer is not in compliance with the work done. Per agreement it is 20% per year but construction is not compliance with payment. What is the legal advise to customer here for this year? Hold or release another 20% payment this year.
Replies (0)
This forum discussion seems to have no replies yet. You can help the community by being the first one to reply!
1

Ask a Question
120 Characters Left











    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!