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ssun2005   31 October 2018

Interest charged by builder

Dear Sir's, Need guidance. I had booked an underconstruction. flat in Apna Ghar Phase 3, Mira Road on 30 June 2018 by paying 10% money. On 22 Sept 18, I got a first call from builder to do stamp duty registration which I said to proceed after Pitrapaksh. Agreement was registered on 24 Oct 18 and I have rec'd first demand letter on 30 Oct 2018 demanding another 25% payment along with Interest charged @ rate of 25% i.e 14000 Rs. I disputed with builder how you can charge me Interest since I have rec'd demand letter yesterday only. But he is saying my slab got ready on June itself, hence charging. Pls advise is he right in this and what can I do to sort this issue.


 1 Replies

ssun2005   01 November 2018

pls help with advice

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