Bought flat but No EMI Payment by builder under subvention scheme

I have flat with a builder in sector 119 Noida under subvention scheme.Under buyer builder agreement, builder shall pay the interest compoenet of EMI to the bank .Builder has refused to pay the interest component nd the entire burden of EMI is on the buyer now since more than a year. Please advise leave course of action. Rgds.

Answers (3)

Dear client,
This is totally against the said agreements between you and the builder. You need not to pay anyhow such EMI it's illegal demand of the builder. Need to see your documents to guide you and initiate proper actions. You can contact me for further discussions.

Advocate Harshit Gupta

5.0| 1+ ratings

Noida, Noida

Googling your legal issue online?

The internet is not a lawyer and neither are you.
Talk to a real lawyer about your legal issue.

U have the option to approach the RERA authority if the project is registered under it. Otherwise u will have to file a suit before the civil court for the breach of agreement or can initiate criminal proceeding by lodging FIR against the builder for cheating as a pressure tactics or civil n criminal both proceedings together

Advocate Ratandeep Misra

5.0| 1+ ratings

Guru Teg Bahadur Nagar, Allahabad

CONSULT NOW

Popular Property Lawyers

Advocate Prabhjit Jauhar

Connaught Place, Delhi

21 years Experience

Advocate Harish Malhotra

District Court, Gurgaon

21 years Experience

Advocate Prashant Mendiratta

Lajpat Nagar 4, Delhi

25 years Experience

Advocate T Kalaiselvan

Kosapet, Vellore

17 years Experience

See More Property Lawyers

Send a legal notice to builder citing relevant clause of subvention and thereby ask him to start payment of interest to bank else you have option of filing complaint before District Consumer Forum against deficiency of service. And criminal action can be filing FIR under 420 IPC

Advocate Ashish Agarwal

4.3| 5+ ratings

9A Ashok Marg, Lucknow

CONSULT NOW

"LawRato.com has handpicked some of the best Legal Experts in the country to help you get practical Legal Advice & help."

All Answers by LawRato

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. You may post your specific query based on your facts and details to get a response from one of the Lawyers at LawRato.com or book a Detailed Consultation with a Lawyer of your choice to address your query in detail.

Fixed Cost Legal Services

Property Verification / Due Diligence