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Compensation along with interest for delay in possession by builder
24-Oct-2023 (In Consumer Court Law)
I had purchased a flat and signed an agreement in 2011, wherein the possession date is 30 Sep'14. However, till date I have not got possession. Hence, I have registered a compliant at MAHARERA against builder for delay in possession by more than 3years. I ask asked for compensation in the form of interest for delay of possession under section 18 of RERA act. I would like to know if we can claim interest from builder although the agreement is signed in 2011. If Not, will I get justice in consumer court?
Yes. You can claim interest from the builder. The clauses of your agreement needs to be checked in detail. MAHARERA is an additional remedy for you. You can also approach consumer court or can file suit in civil court for specific performance of contract and possession.
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Adv. Sagar Vishnu Chavan
Pune | 25+ Answers
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yes there is always one clause in case of delay in giving possession then builder has to pay the simple interest to you. as to the consumer case is concern same has to be filed within two years from date of non giving of possession
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Adv. S. J Parshe
Pune | 25+ Answers
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Yes under consumer court you can claim interest on the amount paid plus you can also claim for possession of the flat if required the interest paid would be simple interest RERA tribunal would just be giving the amount paid back to you. You can go to consumer court for further claims
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Adv. Abhishek Moreshwar Gokhale
Mumbai | 100+ Answers
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Yes, you can claim interest along with money deposited by you with builder under CP act 1986 for delaying the possession and you may also seek direction to the builder about delivery of possession withing stipulated period.
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Adv. Rajendra Kumar Dwivedi
Pune | 25+ Answers
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