Hi,
I bought a flat in resale in a project from Unitech in June 2010. It was originally launched in May 2009. As per the agreement, the builder has indicated the duration of completion of the project as 30 months from the date of agreement (i.e. somewhere near to Dec, 2011. It's now been delayed more than 1 year and there is still no sign of possession until next 1-2 years.
As per the agreement, Unitech has indicated a penalty of Rs. 5/Sqft in case of delay in possession beyond the said period.
Now, my question is, Is there any way we can drag the Unitech to court for delaying in possession of the flat? If yes, what would be the procedure for the same and what all facts we would have to produce to fight against the builder?
Waiting for the advice from the experts in the forum.
Thanks in Advance,
Rakesh
I bought a flat in resale in a project from Unitech in June 2010. It was originally launched in May 2009. As per the agreement, the builder has indicated the duration of completion of the project as 30 months from the date of agreement (i.e. somewhere near to Dec, 2011. It's now been delayed more than 1 year and there is still no sign of possession until next 1-2 years.
As per the agreement, Unitech has indicated a penalty of Rs. 5/Sqft in case of delay in possession beyond the said period.
Now, my question is, Is there any way we can drag the Unitech to court for delaying in possession of the flat? If yes, what would be the procedure for the same and what all facts we would have to produce to fight against the builder?
Waiting for the advice from the experts in the forum.
Thanks in Advance,
Rakesh