1) you should file complaint against builder before consumer forum seek orders to direct builder to deliver possession of flat within stipulated period

2) seek interest for delay in delivery of possession

3) also claim litigation costs and compensation for mental torture undergone by you

4)if project is registered with RERA then you cna file complaint against builder before RERA

5) cases before consumer forum take 2 years to be disposed of

6) builder cannot offer you possession till OC is issued

7) you should not break the lock and enter the flat

This builder is guilty of rendering deficient services to you and the other buyers for he has drastically failed in handing over the possession of the flat within the agreed stipulated time period.

File a case before the Consumer Forum seeking appropriate reliefs. As regards to your questions:-

1. The said Agreement has already been breached by the builder, time being it's essence. Therefore, builder can't take the protection of this agreement to interfere with your possession over your flat.

2. No. That's because he has the one who's at fault.

3. Consumer Forum can be approached. The forum will take approximately 6 months.

4. You can consider approaching RERA, together with an application for interim relief.

It is advised that you do not break the lock and enter the premises,

you have the right to lodge a complaint before the consumer forum and seek timely delivery along with the payment for delay in the delivery. It will take around 1-2 years to decide the case

Also, you can claim the litigation cost

Please see if the project is registered with RERA then file the complaint before RERA, for it being an effective forum. It will take around 90 days.

Regards

 it is a breach of contract. It is immaterial that there is no penalty clause in the agreement. In this situation you may file a petition before the consumer forum or RERA Tribunal for compensation and completion of the project as per the sanction plan. Builder is bound to complete the project in stipulated time, if he failed so to do then he is liable for compensate the flat owner. According to Section 73 of the Contract Act party to the contract is entitled for compensation even in absence of penalty clause in the agreement. 

You can file a civil suit against builder but you should prefer to file case before consumer forum/ RERA tribunal because proceeding before the consumer forum/Tribunal is more shifter then the Civil Court.

1. Is there is any provision to cancel the registered construction agreement made with builder? because that is the only live document which permits the builder to enter in premises.

The conditions in the agreement will clearly state that under what conditions the agreement may be cancelled or terminated, you an visit the construction agreement between the builder and the land owner

2. If we take the possession on our own, what will be the legal consequences which we may face from builder? because the doors are locked and he is refused to provide the key. So we need to do a duplicate key to enter into the un finished house to carry out the balance work. What will be consequences if we do that? Can the builder file a FIR on us?

If the building is still under the custody of the builder then you canot forcibly enter into the same without his permission.

He cannot be made liable for any loss or damage due to this act.

3. Can we go to consumer court for this & how long it will take to get judgement? will it be favorable to the buyer?

The consumer court is the appropriate forum to seek redressal of your grievance against the builder.

4. Is there any other best way with quick solution?

Putting pressure on police to initiate fraud case against him.

do not take forcible possession of the house

2) file complaint before consumer forum seek court orders to direct builder to complete construction within stipulated period , obtain OC and deliver possession of flat

worst Scenario: the builder may file a case against you for illegal possession.

Best option: File a case in the consumer forum and press the interim relief that the possession be given to you till the final disposal of the case.

Regards