Dear Sir, Please suggest and help as if there is any regulatory in India for these real estate builders menace? I have heard so many cases where builders delayed possession and started new projects without completing previous projects. In my case the builder named “Singla Builders and Promoters” with project name “SBP Homes” at SAS nagar Mohali, Sector 126, Chajjumajra. I have paid 90% of the payment of 1510 Sq ft flat. With no delay in single installment. The builder agreed to give us possession on March 2013 but till date still far away from possession. At the same time builder started new projects in other areas and start selling flats. How can a builder start or sell new project flats when one is already pending and delayed. Is there any way to stop these builders or make them accountable for the projects which they promised to deliver? Can any agency help us to get compensation from these irresponsible builders?
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Frustrated?
Frustrated?
Dear Pankaj,
Same case with me, this builder promised me possession on june 2013 but after making 90% payment there is no possession till date and there is no hope to get possession in another 1 year. I have already filed complaint in State Commission as he was not ready to give compensation after my repeating requests.