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Q: The possession has been delayed by Lodha over 18 months and lodha is telling that all under the sun are to be blamed for the delay and they cannot pay interest for it. I have lost it benefit for the last 2 years on the hefty home loan and also paid rentals...can I proceed to consumer forum?

My comments to replies
My husband booked one apartment in 2009 and from then... same story: delays due to various reasons. Yesterday we went to main office in Mahalaxmi and we spoke to one of the managers. She informed us that the building will not be completed before 2014 (which I really doubt, as the construction stopped at 10th floor and the building should have 28 floors!) and the only thing we can do is to wait. When we asked about the compensations which should be given as per the contract she practically admitted that the contract has zero (!!!) value. Come on, people, you and me invested lots of money, we can't let them fool us just like this! Let's fight together and if there is justice in this country, someone who has the power will make justice. If you want to join me in this fight for justice please contact me: melsid@ymail.com
Hi Melania - I'm shocked that Lodha managers has been advising you that the contract has zero value. As per folks I know, They have been charging them for Splendora on heavy interest rates at 18% percent on any delays in payments. Also, if someone lost a job or in event of death, they forfeit 10% of the flat cost citing CONTRACT terms. Lodha very loosely uses the contract terms based on their needs and makes an absolute fool of people. I've also been told, customers that are bold enough to send across legal notices to Lodha and filed lawsuits, have been compensated outside court. No reputed builders of such large visibility stoop to Lodha gutter practices.
9th September 2013

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