Hi
I had booked a flat in noida 3 years back . When the BBA was sent to us it was totally biased towards the builder . As per BBA , for any delay from our side , builder was charging an interest of 18% per annum while for delay in delivery from builder it was 4% per annum.
Now , RERA has come into effect which supports our points but builder says delay penalty will start from 48mnths of execution of agreement .
Builder now agrees to our demands but says as per BBA delay penalty will start 48mnths after execution of BBA but he is not considering last 3yrs & says that 48months will be from today .
I would like to mention that i have been making all payments & taxes all these years .
Pls advise on this
Asked 8 years ago in Property Law
Religion: Hindu
hi ajay
I had booked my home in apr 2014 , we started contesting BBA since june 2015 . But builder was not ready to change terms . I believe if we would have signed that agreement that we are agreeing all his one sided clauses .At time of buying we were told possession will be 48 mnth i.e june 2019
All these 3 years we kept mailing , did all payments but if he updates his agreement now he expects the 48 mnth term to start from now which totally wrong as now time left is only 12mnths .
Pls suggest if we are contesting right matter & next steps , should we go to consumer court or other . I feel consumer court does not need a lawyer we can contest ourself . Also , suggest how time it may take in court to settle this matter
Thanks
Asked 8 years ago