Neeraj Gandhi
My comments to replies
Hello Sir, Even i have booked a 2BHK flat of 1326 sq-ft and i have to pay only Rs. 54000 and rest of the amount in slap wise. If you get information from reliable sources than it is wrong they have a payment plan and you have to pay accordingly. Nobody can ask you to pay the entire amount within 6 months and payment plan is also mentioned in your agreement. Secondly if you bought that flat through loan, in that case you will have to pay through EMI. Then how it could be possible to pay the entire amount within six months.
Hi Saurav, Who is the builder and which project have you purchased?
12th August 2014

@ Neeraj, Before you pay any money to a builder, get copies of the following documents:- A) It is important to have your agreement scrutinized by a lawyer or a knowledgeable person, so that the builder does not include clauses that are to his advantage and your disadvantage. Things to watch out for: 1) The agreement must not contain any illegal clauses, 2) No hidden cost, 3) It must not curtail your legal right as a consumer with illegal clause, 4) It should mention the actual measurable dimensions of the flat, 5) The dimensions and specifications of the entire building its compound and all amenities must be mentioned. B) Copies of the builders proposals and plans, and all permissions and certificates from the licensing authority and municipal corporation.
Thanx Rohit. They are only asking for 20% and then the registration needs to be done. So i have an agreement but the formal agreement will be available after the registration
12th August 2014

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