Q:
The Lake District Project is delayed beyond comprehension. We have booked a 2BHK Flat in Bldg C4 in Jan 2011 which is a part of the Phase1. As per the agreement the Apt should have been handed over by Dec 2012 considering all the grace periods of more than 6 months. The building has only reached 6th floor out of the 12. How many are such agreived parties? Can we join together and issue a notice to the builder?
Hi,I had purchase a flat in C-4 in Nov-2010. I have paid up 80% of the cost already. Every time I call them, there's a new excuse for the delay and if u ask for penalty payment they say you need to wait till possession to get the pittance of 9%. Can we all take a joint legal action against them. Please contact me on this.Hi,I had purchase a flat in C-4 in Nov-2010. I have paid up 80% of the cost already. Every time I call them, there's a new excuse for the delay and if u ask for penalty payment they say you need to wait till possession to get the pittance of 9%. Can we all take a joint legal action against them. Please contact me on this.
My comments to replies
Can anyone suggest some good lawyers or consumer forum where I can lodge a formal complaint against the PRA guys ? This has been ridiculously delayed over 2 years now. All I keep getting email response is further delays. As per agreement in the event that there is a delay in possession beyond the committed timeline the developer is liable to compensate @9% for the amounts until then received. I think legal recourse is the only option. My mail id is jvarma@hotmail.com
I have got the next demand letter to pay the 12th slab payment. I have already paid 85% of the project cost. I am in a dilemma now, should I pay or not as the builders say that if you don't pay before due date, then at the time of possession you won't get the delay fees. Can they do that? What are other owners here doing? Have you stopped paying the amount towards the flat?
2nd August 2014
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