Delay in handing over physical possession of apartment

P.THANGAVEL (Querist) 29 April 2016 This query is : Resolved
A builder at Chennai,a limited & listed company collected about 50% of the total cost of an apartment allotted to me.The company ought to have handed over physical possession of the apartment by 24/09/2015.
but in reality,the construction is yet to commence and their response to my repeated
queries is not encouraging.

I request the experts concerned what best options do I have to proceed with to safeguard my interests.

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P. Venu (Expert) 30 April 2016
You can approach the consumer court. But what about others who have made the booking? It is advisable if a joint action could be launched.

Rajendra K Goyal (Expert) 30 April 2016
File complaint with the consumer forum.

Kumar Doab (Expert) 30 April 2016
Agreed with experts.

T. Kalaiselvan, Advocate (Expert) 01 May 2016
You have two options, i.e., to cancel the booking and ask for refund of entire amount with interest or you can file a consumer case agaisnt the builder for deficiency of service and compensations thereof.

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