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Flat Allotment Terminated By Builder


07-Jul-2024 (In RERA Law)
I have a flat in a under construction project. The builder buyer agreement has been signed. Total I paid around 40 lacs. Due to delay in payments, the builder has terminated the allotment as per terms of the agreement. What are my options now ?
Answers (2)

Answer #1
817 votes
if the project is approved in RERA you should go legal as per RERA guidelines by raising a dispute in this regards other wise as per relevant sections. they can not forfeit amount you have enough legal remedies for relief
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Advocate Amit Sharma

Adv. Amit Sharma

LawRato Delhi | 50+ Answers
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Answer #2
770 votes
We can immediately serve them with a legal notice seeking refund of the amount paid along with interest, however, if they do not respond then we can file a complaint before the RERA authority within the appropriate jurisdiction seeking refund of the amount paid with interest
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Advocate Alankrit Bhatnagar 

Adv. Alankrit Bhatnagar 

LawRatoDelhi | 100+ Answers
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