builder left the preparation in btw and gave it to other builder

Builder has delayed possession by around a year.......has no money to complete the project......has appointed another builder to complete the project. But this new builder is asking for an escalation cost? what should i do now?

Answers (2)

125 votes

You need to inform in writing to local police still if doesn't work then issue legal notice for cheating and breach of trust. All these copies plus application in writing to the concerned co-operative registrar.
This will solve your problem. And if not then you can initiate legal process before court of law.

Googling your legal issue online?

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

69 votes

It appears that the original agreement has been assigned to the new builder. The escalation cost must be according to the terms and condition of the agreement. The builder cannot arbitrarily impose escalation charges.

Therefore, you are required to ascertain-

a) whether a clause for escalation cost is specifically mentioned in the agreement? 

b) if such a clause is not mentioned in the agreement, on what basis is the builder imposing escalation costs.

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