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 ..
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.
The National Consumer Disputes Redressal Commission (NCDRC) on Monday asked real estate major Unitech to pay buyers compensation at the rate of 12% per annum for delay in delivery of flats, overruling the builder-buyer agreement that had set the rate at 1.8% per annum. Click here to read moreConsumer court orders 12% compensation for flat delivery delay