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Delayed possession. how can i refund my Money paid to Builder
12-Jan-2023 (In Consumer Court Law)
I had booked a flat with a builder at Greater Noida West in July,2012. Builder Buyer Agreement (BBA) was signed in July,2013. As per BBA, the possession of the flat was to be given by 36 months and the period has been completed in June,2016. Even after considering the grace period of 6 months, it should be latest by December,2016. However,as on date, the structure of project is yet to be completed. The project is having 7 towers and the status of the towers is at floor 1 to Floor 16 only, out of total floors of 22. Till date, I have paid 70% of the cost, as per the payment terms. As there is no hope of completion of the project even by two years from now, I am not at all interested in the project. How, I can get my money back with interest.
Yes if any builder Not complete any project within time what are given in BBA then buyer can file complain in court for return total amount plus interest and builder bound to pay that amount with interest OK. meet personally any advocate and file complain case
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Adv. Veerendra Kumar Awasthi
Kanpur | 100+ Answers
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You have to give the builder legal notice to return your payment with delayed damages you have received then if payment is not made within 15 or 30 days you have to file complaint at state commission at lucknow. You will get the positive order soon.
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Adv. Aasif Razzaque Khan
Lucknow | 100+ Answers
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Yes. These days the courts and consumer forum are coming over heavily upon 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 me including big names i.e Ansals with positive outcomes, hence proceed positively. Thanks
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Adv. Nitesh Kumar
Delhi | 25+ Answers
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Yes you can definitely get back your money. You have two options to seek your money. First you can prefer a complaint before the consumer forum depending upon the territorial and pecuniary jurisdiction and the other option is arbitration if you have an arbitration clause in your agreement.
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Adv. Rohit Kumar Singh
Delhi | 100+ Answers
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For this you have to file a case in Consumer forum for deefficiency in service and you may claim your money with interest and compensation with cost of litigation. I am advocate looking after many such matters in district Consumer forum. For help u may call me
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Adv. Avdesh Chaudhary
Noida | 200+ Answers
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