Update on Adel Landmarks Builder Cosmo City 3 Construction / Possession Delay - Now Claim Refund By Filing Complaint

GET COMPENSATION AND INTEREST DUE FOR THE POSSESSION DELAY

The project, Cosmos City in sector 103 on Dwarka Expressway, was launched by Adel Landmarks (formerly Era Landmarks) in 2011 and collected 25% advance from homebuyers before selling off the plot where the project's second phase was to come up to Ansal Housing in early 2013. Years after paying the initial booking amount, home buyers do not have builder-buyer agreement, no relevant documents and no timeline for completion of the project.

    We can help:

  • Claim full refund with interest from Adel Landmarks
  • Claim possession within 12 month and interest for delay in completion
    • We have some of the best lawyers for delayed possession cases, who have an excellent track record. Our partner lawyers have helped homeowners get relief through the court against many builder projects across India .
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FREQUENTLY ASKED QUESTIONS ON Adel Landmarks BUILDER Cosmo City 3 CONSTRUCTION / POSSESSION DELAY

  1. 1. What if I do not want to file a case against Adel Landmarks?

    If you do not file a case, you putting your investment at risk. If the builder does not deliver your flat, or files for bankruptcy, you will NOT be considered a creditor for the defaulting amount. For known creditors, the court can order sales of builder’s assets to recover money to reimburse creditors, but you will not be eligible without filing a case.

  2. 2. Will I get interest on the amount paid for the flat?

    The case application filed with the NCDRC is for 12% interest for the delay, if the flat is delivered delayed, and paid amount with 18% interest, if the flat is not delivered within the next 12 months of filing.

  3. 3. Adel Landmarks has promised delivery in a few months. Should I still file a case?

    Most builders have been promising deliveries and not meeting those deadlines. If your total delay in possession from initially promised date is less than 12 month, you may choose not to file. But if your investment is substantial, you need to ensure you do everything to protect it and not just take the builder’s word for it.

  4. 4. I know other homeowners with the same issue with Adel Landmarks Cosmo City 3. Should we all file a case as a group?

    No one is worried about your money as much as you. We recommend filing the case individually as the process moves faster. In a group petition, even delay by one person can delay the case for all members.

  5. 5. Will I have to spend time on court dates and appear in person?

    Mostly the matter will be handled by the lawyers representing you. You do not need to appear in person, except 1-2 times for critical decisions. Your case can be handled even if you are not in town or living abroad.

  6. 6. How long will the case take if filed?

    The latest rulings and the RERA act are in favour of homebuyers and courts offer a fast resolution of such matters.Generally, cases in the NCDRC (National Consumer Disputes Redressal Commission) are resolved within 12-18 months.