Srinivasan, Apartment Resident, Chennai
Q: Want to know if anyone who has taken possession of the house got Loss of Interest from the builder?

My replies to this discussion
Hi Vidhya, The builder (Lalitha Devi is the CRM) is sending me notice to pay an interest of Rs. 50 thousand rupees. I booked the flat in 2010 and at that time they promised that they have approval for 11 floors and extra 7 floors will be obtained in a short while. It was promised orally that the estimated time of completion was June 2013. Then in the agreement they mentioned that the time frame will be 2 years from getting approvals. We have been kept blind on their approval process. My money is with them for more than 4 years. Will Alliance pay interest for that? If anybody going to consumer court let me know.Hi Vidhya, The builder (Lalitha Devi is the CRM) is sending me notice to pay an interest of Rs. 50 thousand rupees. I booked the flat in 2010 and at that time they promised that they have approval for 11 floors and extra 7 floors will be obtained in a short while. It was promised orally that the estimated time of completion was June 2013. Then in the agreement they mentioned that the time frame will be 2 years from getting approvals. We have been kept blind on their approval process. My money is with them for more than 4 years. Will Alliance pay interest for that? If anybody going to consumer court let me know.
My comments to replies
Hi Vidya , I am in same page like Allience is extra amount Rs 1.8L as interest part as you know all payments done by LIC based on physical progress of construction , I am filling case if your interested lets know , You can call my wife her number -9941242844
Hi Chand, Have you filed a case already. I am in the same page. Let me know.
14th April 2015

Hi Vidya, I am just getting into the similar issue with the builder and he is demanding 6 Lakhs as interest. What was the outcome of your issue? Appreciate your response. Regards MS
Sanjay let me know your contact number to call.
14th April 2015

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