640+ Lawyers are online 
Amount of compensation for the delayed possession by builder
22-Nov-2023 (In Consumer Court Law)
I have booked a flat in 2013, possession was to be in march 2015. I have paid 90 % of the amount as per construction stage from booking (20%) in sept 2012 to dec 2015, the total amount accounts to 24 lakhs. Till date the builder is not giving possession. I have a loan of 20 l and have paid 6 L interest , 2 L principle and I am paying full emiof 19 thousand which started on jan 2015. The builder saks to wait for fit out posession in march 2018. PL inform what compensation should I get for 1) the delay in posession of the flat (if I keep the flat) 2) if I cancel the booking
You have a good case to get relief in terms of possession as well as compensation for delay. However before assigning any figures for compensation you can claim , one needs to go through the agreement you have signed. Hence the anwser to the second would depend on the agreement you have signed which must be indicating both the delivery schedule and the remedy in case of delay
Helpful?
18+
18+
Adv. Vadakkemadom Lakshmanan SR
Thane | 100+ Answers
CONTACT NOW
Send him legal notice along with payment schedule, emi details, ask him compensation as per agreement/ actual loss, also file a police complaint for possession, also ask him RERA registration details , finally file case..
Helpful?
21+
21+
Adv. Sharad Malode
Pune | 100+ Answers
CONTACT NOW
Disclaimer: The above query and its response is NOT a legal opinion in any way whatsoever as this is based on the information shared by the person posting the query at lawrato.com and has been responded by one of the Divorce Lawyers at lawrato.com to address the specific facts and details.
Connect with top Consumer Court lawyers for your specific legal issue
No Comments! Be the first one to comment.
"lawrato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."
