How much a delay can cost you


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Form a buyers’ association: An individual’s plea can fall on deaf ears but forming a group could make the builder stand up and take notice. Form a joint front to put forward your demands. A collective effort would yield result in larger projects. Leverage the power of social media. An association of buyers can be started with two members. However, to add legitimacy, it is necessary to register your association. Consult a lawyer to help with the legalities. If you are lucky, t ..

Delay in delivery of flat-Action and solutions


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  • Shelter from delayed delivery of flat:Ozone Evergreens in Bangalore-District Forum ordered it to pay around ₹4.4 lakh for delayed delivery of flat and ₹81,600 for reduction in the undivided share of land. It also ordered ₹35,000 towards legal costs incurred and as compensation for the mental agony caused.Click here to read more.
  • Delay in delivering apartment costs builder 5L-A32-year-old engineer has dragged his builder to the Bangalore urban consumer court, and even managed to secure compensation.Click here to read more.

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Why Nitesh Estate is delaying Nitesh Caesar’s Palace | Project and buyers are waiting…

If you are one of those stuck in a delayed project, move to a consumer court or seek solace in appreciated valuation (if it has) of your property.