Real Estate Forum on Compensation For Delay In Possession

Is that Buiders are Bound to MAHARERA ACT?

Q: As per RERA builder supposed to give us 31St December 2018. But considering work scenario and Progress he cant able to finish there work till April 2019.
So can we demand compensation to builder or not??

Makarand Manchekar , Apartment Resident

7th January 2019

Residential Project Review in Mumbai

compensation for delay in possession

rera

maharera

Latest Answer: Most property contracts provide an estimated stipulation of the time period for construction. Please go through your contact papers to figure out the duration. If the possession date is 31st December 2018, then your builder has to give the possession on the given time otherwise he has to pay the penalty up to 10% of the property cost.

Follow Discussion

2 Replies

Also see discussions for

Mumbai Residential Project Review Residential Project Review in Mumbai

Fraud by Saaga Infra projects & Indiahomes

Q: Dear Sir / Madam,

I had approached Indiahomes in second half of 2012 for buying a flat in Malad/Goregaon viccinity and was presented with a detailed report regarding Shivshakti Enclave by Saaga Infra Projects. This was supposed to be a redevelopment project and bookings were open in Prelaunch stage. India homes representatives (Mr Prashant Zodge & Mr Mitesh) arranged a site visit and then negotiations with the developer thereafter.

Being new to Mumbai, I hardly knew about the developer but was well aware that Indiahomes verified project would be a safe investment. Personnel from both - the developer and India homes followed up for payments and the flat was booked in 100% white transaction (Flat E-101).

Alas my hopes were dashed when I followed up back with both parties regarding progress status and the project till date has not even started as yet and the old society still stands as it is. To my surprise both Indiahomes and Saaga Infra Projects refused to let me know updated status just avoiding my calls or requests for a refund. The site office has since been closed and even the main office of the developer has shifted once. Mr. Uday Surve - a supposedly reputed name in the industry has refused to meet even once in my follow up for the last 2 years ans so has the staff from India Homes simply flashing 'Project Unavailable' - Status on their website. Any number of enquires for this project are not retured with calls / sms to their office.

I feel swindled of my hard earned money and pity the cheap marketing techniques employed by Indiahomes without checking background information on the project which have left buyers like my without a shelter in Mumbai. I am thinking of initiating legal action / consumer court complaint against both Saaga Infra Projects & India homes for cheating and fraud.

Hope this complaint gets noticed and long delayed feedback is given.
kind regards

Miheer brahem , Apartment Resident

14th September 2015

Builder Review in Mumbai

project delay

buying properties in malad east

compensation for delay in possession

project in malad east

Latest Answer: everyone in this project r fraud.. saaga buider n Surve nis in jail..they should be behind the bar forever..sold same flat to many people.

Follow Discussion

5 Replies

Also see discussions for

Mumbai Builder Review Builder Review in Mumbai

Regarding Tata Nano Housing Subh Grih Project, Boisar.

Q: I am a Customer of Subh Grih Project, Boisar. I got a letter from
Tata housing, tata housing not giving Possession in Jun-11. Before one
Year Tata Housing had sent completion letter, about 70% complete. In
Jul-11 Tata Housing had sent completion letter, about 90% Completed. I
had submitted completion letter in Bank for next installment. I would
like to inform you that I am living on rent. I pay 7,000 Per Month and
had paid 18% interest of late payment installment to Tata housing. 18%
is too much I have paid fine. Now, Possession being late. So, I need
compensation 7000/- Per month. Tata housing Send mail and letter also:
reschedule the delivery to November/ December 2011. Now saying, building
not completed and not giving possession date also. Before one year Tata
housing proudly had told me, Will give Possession before deadline. After
getting all payments, not giving possession date. Now Saying Seven month
More. Not ready to give compensation.
What should I do ?

chandra.ravi

1st February 2012

Legal in Mumbai

tata housing

delay in completion

compensation for delay

delay in completion of project

subh grih project boisar

tata nano housing project

compensation for delay in possession

Latest Answer: Today, I got a letter from Tata housing. Showing excuse of labor shortage, Water pipe line problem. Now, There is no excuse for Tatahousing. Totally cheating with customers of Tatahousing. There will be 7 to 9 Months more late in possession. There are many awards winner, showing in website of tata housing. I had deal with tatahousing not with individual. Tatahousing is not a child co. What a Management ? There are winner of many awards. Why you take all Installments ? Why you sended 90% Completion letter before 6 Months. Last year you started new project near Kalyan. Limit of labors are divided into two parts. now saying labor problem. I think, 99% customers of shubhgrih are not rich. A big joke with poor people done by Tata housing. Everywhere in Website Facebook, Consumer forum, Google, LinkedIn.com & etc. writing bad for tata housing. Tatahousing Mumbai don't know themself , what they doing ?

Follow Discussion

3 Replies

Also see discussions for

Mumbai Legal Legal in Mumbai

Real Estate Forum on Compensation For Delay In Possession

Real Estate Property Discussion Forum and Guide to Real Estate Queries

Looking to buy/rent a place?
Let us help.

Thank You !

Real Estate Forum on Compensation For Delay In Possession

Real Estate Property Discussion Forum and Guide to Real Estate Queries

Looking to buy/rent a place? Let us help.

Thank You !

Looking to buy/rent a place?
Let us help.