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What recourse to be taken over delayed possession by builders?- Property Hotline
Posted
July 6, 2016
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321
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July 6, 2016
321
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2:21Now PlayingBe Un Confused
Expert: Anshuman Jagtap, Associate Partner, Hariani & Co
Question: In customers agreements builders has written that if the customer is late then the rate of interest would be charged is 18%. And it is also written that if the builder is late to handover the flat keys for 1-2 years then he is not liable to this rate of interest.
Answer: According to the agreement, you will have to that 18% interest if you are late. And if builder delays then he will have to pay the rate of interest even though he has written in the agreement. And if he won’t pay, then you can go to consumer court and file the case in the act of contravention to the provision of law.
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