reema rao
Posted Discussions
Posted Replies

Fraud for interest charged on ovedue of payment schedule on Handover
Q: Hi Owners of elita promenade, Reaching out to you in case somebody else also faced similar issue with them. I have got handover document from them where I am supposed to pay great deal of money as interest for overdue of payments. Upon asking for clarification they have given me a doc saying all pending installments + 2nd 15% of purcase price should be given within 40 days of booking. I am sure most home buyers go for bank loan and it is not possible for Bank to approve/disburse loam amount within 40 days. They never intimated us about this late payment before. Now they are letting us know when after wait of 3 years we are getting our flat. Has anyone else also facing/faced this issue ? What was the resolution ? Thanks Deepak

My comments to replies
yes i am facing the same problem
Hi Folks, I was recently at CFU for the handover and realised that the Acceptance document is extremely once sided document which hands-off all responsibilities from the builder, did any of you folks sign the document? Vikram
31st July 2011

Ask a Question
120 Characters Left





    Trending Categories

    CommonFloor Property Search Mobile App now available on Android, iOS and Windows!