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Delayed possession of property by builder
12-Jan-2023 (In Property Law)
I have booked a flat in Ghaziabad in one of the upcoming projects and its pending possession since Feb 2012 ( Booking date) and likely to be given in 2017. The builder has planned to put penalty clause to recoup money and also levy other unwanted charges. What is the solution as money is stuck in this project for last 5 years + and with no response from builder. Can't builder be penalised for delaying possession for so long.
Yes. These days the courts and consumer forum are coming over heavily against such scrupulous real estate companies. Pls get the legal notice issued against the builder and thereafter file a consumer complaint before the forum having jurisdiction. Currently few matters are being handled by them including big names i.e Ansals with positive outcomes. Thanks
Helpful?
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Adv. Nitesh Kumar
Delhi | 25+ Answers
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Builder can be penalised for the delay. You have 2 options. First you can approach the consumer forum depending upon territorial and pecuniary jurisdiction and the other option is arbitration if there is an arbitration clause.
Helpful?
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Adv. Rohit Kumar Singh
Delhi | 100+ Answers
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You can sue for possession in civil court and can file a complaint against builder for damages in consumer forum. What the terms and conditions of agreement says, is also to be considered to take final step against him
Helpful?
12+
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Adv. Vineet Saini
Saharanpur | 25+ Answers
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