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Real Estate Forum on Compensation For Delay Flat Possession

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Q: I want to know for how many members, Emaar is not paying compensation for delayed possession for Emerald Estate project in Sector 65

Latest Answer: How can I get in touch with you Hitesh?
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Q: Every month they put up the same construction picture on the website. Any news on when they are going to complete it and give possession? What recourse is available to us buyers?
Latest Answer: Hi, I have got notice for final payment. It includes additional charges for meter connection , CCTV, beam barrier etc. Are you paying for it? Is there any compensation from builder for delay?
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Q: Think, is builder really responsible for the delay or you as a Indian consumer have encouraged him to behave in the way he is behaving.

I would ask you if you were given money say 100 crores at the annual rate of 1.8% per annum what would you do and would you like to return the money at the earliest possible or continue to pay the interest
Latest Answer: Dear All, Thank you for your responses, yes you are all right and I have also referred on the internet of various ruling given by consumer courts, but I have come across many people who are suffering due to the absence of any Law regarding standard formats of sale agreement and its compulsion of implementation by the mighty builders and secondly slowness and costliness of the Indian judicial system has discouraged many and continue to do so. I am talking specifically of NCR Region.
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