We had booked a flat at Bhartiya city, Bangalore in the year 2013 They were supposed to hand over the completed flat in the year 2016. They finally asked us to pay the balance amount and take possession in 2018 after a delay of one and a half year. I could not make the final payment and take possession due to financial constraint. They have charged us 18% interest for the delay in making the payment. whereas delay from their side, they are giving us Rs.4 per sq.ft. Which I felt is unfair.
We are now ready to make the final payment in two installments. one now and the other after 15 days. They are refusing to give us additional time
can I go to the consumer forum to fight the case regarding the higher rate of interest charged by them.
Can I refuse to take possession of the apartment and seek refund of the amount paid with interest.
Can you please share court order in similar cases.
Asked 3 months ago in Property Law from bangalore, Karnataka
do I have a choice of requesting the builder to pay back the amount paid by me with interest. If so what will be interest. there was delay in making the payment from my side also. they have delayed in getting the apartment ready in time.
Asked 3 months ago