Avik, Apartment Resident
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Do customers really have limited choice when dealing with builders on the late penalty charges?
Q: Sethna Group in Bangalore is building Sethna Power Tower in Horamavu since 2005, delay of over 5 years now. Though they give a monthly penalty to the 5-7K, this is minuscule as compared to the bank interest the existing owners are paying for the property with cost in the range of 60-80L. Any suggestions how such delays from the builder can be tackled. Any suggestion for lawyers or legal sites that can help people on the same same?

Latest Answer: I am also a purchaser in this project. Having read these posts I would like to clarify that the project was sanctioned in July 2008 and not five years. It was earlier a three storied project and then subsequently enhanced to 15 floors with all sanctions in place. It is due for hand over of the first phase of 300,000 square feet in the next couple of months. The quality of the construction is good, high speed elevators from Schindler, Granite Lobby's, Swimming pool, designated play area, and the building is well designed. The project is worth looking at, well priced and very good value for money. Contact their sales on

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