Harshit Agarwal, Apartment Resident
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Nirala Estate 30% demand letter against 3BHK booking .
Q: Hi Gents, i booked 3BHK in Nirala Estates 2yrs before and gave 10per booking amount that time .Now builder sent me a demand letter of 30per payment + interest @18%/annum for the complete period of 1yr 6months when noida extension was not bankable .Even though as i came to know that builders are increasing the floors in planned buildings and there are some other issues as well which wont allow the builder to ramp up the project .This demand letter also have a clause that in condition of non payment builder will cancel the booking so i am totally in dark what should i do in this condition ,please advice experts !!!!

My replies to this discussion
Thanks Yogesh and Anil i joined the group as i am residing out of India i am not getting the updates frequently . Day after tomorrow is the deadline for the payment given by Nirala Developers in their demand letter,i request to the group members to advice what is there suggestion on this issue .As per my knowledge project is not bankable till yet & construction is also not resumed so how can a buyer pay the money to builder and why we need to pay interest ?? Experts please guide !!!! Thanks Yogesh and Anil i joined the group as i am residing out of India i am not getting the updates frequently . Day after tomorrow is the deadline for the payment given by Nirala Developers in their demand letter,i request to the group members to advice what is there suggestion on this issue .As per my knowledge project is not bankable till yet & construction is also not resumed so how can a buyer pay the money to builder and why we need to pay interest ?? Experts please guide !!!!
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