Delayed posseission of flat. What are my legal options
14-Apr-2023 (In Consumer Court Law)
I booked a 2bhk flat in 2007 in a propoerty comprising TWO towers, in Pune, being developed by a FAMILY MEMBER. The booking amount of 8.75 lac against a net cost of 31 lacs was paid in Dec 07. Tower A and a common podium was constructed & delivered in 2012. Tower B was not constructed view internal dispute between partners(developers) and also partly view change of some govt laws, which have been contested by the builder. My booking was for a flat on the 7th floor of tower B and now in 2017 the builder is offering me a 2nd floor flat in tower A as an alternative and claiming balance payment of 23 lacs without any compensation for delay in delivery or compensating me for loss of interest on 8.75 lac that hav been with him for about 10 yr. Being a family member there is no written agreement also.Can i seek 9% compound interest on booking amount and pay the balance due, which is what i have offered. Pl advice on way ahead.
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