Hey Pal,
Under the RERA Act of 2016, a buyer may register a claim and provide the builder legal notice of the delay in possession, or they may move their claim from a CDRC to the State Real Estate Regulatory Authority. This Act mandates that a builder who delays the delivery of apartments must pay a 10% interest fee on the property's worth. Home buyers who are dissatisfied can take their complaints to one of three forums;
RERA
Consumer Forum
National Company Law Tribunal (NCLT)
I hope this helps:)
Check out the NoBroker legal assistance service for more legal queries regarding property buying and sellingRead more:
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How to file case against property possession delay in Dombivali
Sadhana Chhatlani
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2 Year
2022-07-27T11:27:15+00:00 2022-07-27T18:30:22+00:00Comment
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