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Builder EMI & Subvention related query
28-May-2023 (In Property Law)
I have taken a property with a subvention for 2 years
Further the builder also has given a letter stating post subvention if soft possession is not given
However even today the building is half done and the emi has started and builder is avoiding to pay stating COVID as a reason which has led to his poor finances
Please suggest what can I do in such a scenario
This is my response to you:
1. Is the property rera registered?
2. If yes then a complaint can be filed there;
3. The information is incomplete, provide more details of your case;
4. Consult a local lawyer and take steps.
Helpful?
Adv. Gowaal Padavi
Mumbai | 1000+ Answers
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If each and everything is in writing then in such situation you have to issue legal notice to builder and keep your side. If he is not taking any cognizance even after receiving the legal notice you have to file complaint before consumer forum in regard to deficiency of service.
Helpful?
Adv. Manoj Mulchandani
Nashik | 700+ Answers
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Dear Querist, first question is whether you want to be in the project??
What were the terms of tripartite agreement?
You can file a complaint in Rera on the grounds that builder has failed to fullfill the contents of advertisement material. And you should get and order for payment of pre-Emi by developer or exit from the project.
Regards,
Rakesh V. Misar
Helpful?
Adv. Rakesh Misar
Mumbai | 200+ Answers
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