Paresh CHAWLA
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Penalty on builder for late handing over of Flat
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

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Parsvnath is offering us penalty for 12 months only saying Tower 6 started late and time starts from date of start of construction. THey have right to 3 years + 6 months from strat. Any adviseParsvnath is offering us penalty for 12 months only saying Tower 6 started late and time starts from date of start of construction. THey have right to 3 years + 6 months from strat. Any advise
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