IS YOUR INVESTMENT STUCK, DUE TO DELAY IN POSSESSION OF PROPERTY?

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PROTECTION FOR PROPERTY BUYER AGAINST DELAY IN PROPERTY POSSESSION

What should you do if you have put in your hard earned money in buying a dreamland for your family and deeply disappointed by not receiving what was promised? Delay in construction is common and buyers have little say in booking agreements. The delay in payments by buyers are emphasized explicitly however, the timely delivery clause is subdued.

Things have changed for better now. Refunds can be claimed if a project is delayed beyond what was mentioned in the agreement.

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WHAT CAN BE DONE?

What should you do if you A claim could be made to recover the deposited amount against the developer The claim of interest could be made for the delay caused Possession of the property could be claimed within a period of 12 months and damages caused due to delay.

This way buyers will not have to pay rent and interest on home loans together for more period than anticipated.

If you are stuck with a delayed project, we are here to help you seek redressal and move your re quest to a consumer court on your behalf. Our domain expert lawyers will understand and address your queries in the right manner to provide you with maximum benefits.

WHY CHOOSE US?

EXPERIENCE

Our case managers are skilled and already involved in representing the aggrieved buyers in the courts. We know the process and can resolve such issues without hassle.

STRONG SQUAD

With 15000+ advocates PAN India, who are associated with us, we can provide best possible suggestions and services to our clients.

FREE CONSULTATION

Free first consultation with Lawtendo ex perts who can list down your query, share the same with a domain-specific lawyer and connect you with them. Our experts help to see that your case is dealt with smoothly.

OTHER LEGAL SERVICES AVAILABLE

FAQ’S

If the builder of the property is not delivering the possession within the stipulated time, there might be a chance that he has gone either bankrupt or he is a fraud. Filing a case helps you in becoming a known creditor, which ensures high evidential value in the eyes of law. This later proves beneficial for reimbursement in case of insolvency.
The application filed in NCDRC is for interest of 12% for the delay caused. But if the property is not delivered on time and the amount has been paid it increases to 18%.
There have been many cases when builders have taken your request for possession for granted and skipping the deadlines. If you think that you have invested a significant amount in the property you should not blindly trust the developer.
There’s always an option to go for a joint petition for the same cause, but this can also be done by the court if it feels the need. Until then we suggest for filing the case individually for quick reliefs.
Under the new regime of RERA which highly favours the aggrieved buyers ensures a speedy disposal of such matters. The courts provides relief roughly within 18 months’ time period from date of filing of case.

Client Testimonial

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