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Delay in handing over of flat possession


15-Dec-2023 (In Recovery Law)
I purchase of a flat Yamuna Expressway. As per the said agreement it should be handed over till (15th August 2015 extended 6 months). But still not handed over yet. Since i have already paid 95% of the agreed flat purchased amount. Still they are saying that will take 6 months more to complete the flat and handover till June'2022. However I been went to the side location recently last two months back and the side location conditions is not good , as per the discussed with Labour and Contractor and they stated that builder is not paying their amount hence building construction work has stop last 1yr. This has caused severe mental anxiety to me and family. I am unnecessarily paying rent from stay at another flat and also paying interest on the home loan taken from the bank, which is causing additional financial stress for me. Please give me a valid suggestion, that what should i do on this issue.
Answers (2)

Answer #1
788 votes
you may aproach to Rera or NCLT , infect if you have group of buyer's NCLT is much better option to aproach then Rera. both are the places where you can get relife at fast pace. if you have triparty agreement then it would be an additional advantage will be help full in waiving off your loan burden.
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Answer #2
555 votes
you can file a case in rera and get you amount refunded from the builder aur for delay in handling over the flat to you on time rera will ask the Builder To handover the flat aur might ask the Builder to refund your money .
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