Virendra (Software Engg.) 29 October 2014

Seeking refund from builder : dead slow construction

My name is Virendra Verma, currently residing in Delhi. I had booked a 2 BHK flat in Unitech Unihomes-3 in sector-113 Noida in June - 2013. As per builder buyer agreement, it is agreed that Unitech will deliver the flat by June- 2015 (i.e. 36 months from agreement date). Sadly, Unitech has been cheating with me and have not completed even ground floor of the said building. It is highly unlikely that I will get possession of the booked flat by the agreed date.

I want Unitech Ltd to refund paid amount by 18% interest compounded quarterly (the same rate which they had forced on me when I had delayed one installment).

Can I ask for it before completing the period of 36 months? If yes, Please help me.

Thanks.

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