Sanjay
Q: Hi guys, I have recently received letter from Parsvnath to pay remaining amount and take over the property. No where they have mentioned about Rs 5 Psqf/month penalty for delayed completion. Can somebody advice how he/she is dealing with this? Regards Sanjay

My replies to this discussion
I have received letter 3 weeks ago to take possession of flat by 31st Jan 2011. Parsvnath stated that they have received the completion letter from G.Noida authority they were waiting for. regardsI have received letter 3 weeks ago to take possession of flat by 31st Jan 2011. Parsvnath stated that they have received the completion letter from G.Noida authority they were waiting for. regards
Builder adjusted 18 months late fee when I made final instalment however delay is almost 24 months. RegardsBuilder adjusted 18 months late fee when I made final instalment however delay is almost 24 months. Regards
Dear Alok, thanks for your advice. I sent e mail and a letter as well. but still waiting for revised demand letter. I am planning to consult a lawyer and delay possession till i get revised demand letter after adjusting penalty amount. Rgds SanjayDear Alok, thanks for your advice. I sent e mail and a letter as well. but still waiting for revised demand letter. I am planning to consult a lawyer and delay possession till i get revised demand letter after adjusting penalty amount. Rgds Sanjay
Hello Mona/ Alok, I have paid final instalment few months ago as I was told that project is complete and they are just waiting for completion letter from G Noida authority before giving handing over flats to individuals. Now I think that was just a stunt to squeeze out final instalment amount. Project is almost complete. when I visited last time labour was laying slabs on ground floor/parking/stilt. Have not seen ameneties. Not sure how long it will take to complete!!!!! Regards SanjayHello Mona/ Alok, I have paid final instalment few months ago as I was told that project is complete and they are just waiting for completion letter from G Noida authority before giving handing over flats to individuals. Now I think that was just a stunt to squeeze out final instalment amount. Project is almost complete. when I visited last time labour was laying slabs on ground floor/parking/stilt. Have not seen ameneties. Not sure how long it will take to complete!!!!! Regards Sanjay
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