to qualify the investment in case of builder flats, the crucial date is the date of allotment of the residential flat and the payment of installment is a follow up action
2)The date of acquisition of the said flat shall be the date on which the allotment letter is issued to the intended buyer.
3) in your case august 2015 would be regarded as date of acquisition of flat . Merely because the builder failed to hand over possession of the flat to the taxpayer within the specified period, the taxpayer cannot be denied the benefit of the said benevolent provision.