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How can I cancel the registration If so will I get any compensation?
21-Dec-2023 (In Consumer Court Law)
Registered a flat in March 2015, with a verbal agreement that the construction will be completed by June 2015. However, in the agreement it was stated as March 2016, when I asked during the registration they said "it's just procedure, don't worry, it will be done by June 2015. Since, we were at the registrar's office already, I went with it. That's my big mistake. The project is still under construction, not sure when it will get done. I have been paying full EMI till date. Can I cancel the registration? If so, will I get any compensation? Please advise.
If want to wait up to march 2016, you can. After march 2016 if the builder failed to hand over the possession of the constructed building you can file a consumer case against him for the compensation and refund of EMI already paid with interest.
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Adv. Rajeev S Vadrali
Gadag | 100+ Answers
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Adv. Chandrashekhar Vithal Jadhav
Bangalore | 200+ Answers
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