Registration of unfinished flat which is not under RERA
I signed an Agreement of Sale in 2017 where the builder promised to complete and deliver in 2019 (which includes 9 months of grace period)
Unfortunately, i believed his words that he will surely deliver the project on time and also mentioning of Rs.3 Per sqft as compensation for delay is just as per standard template while he can charge interest at 9% in case i delay any payments.
Till Dec 2021, he could just finish the base structure and no further progress and still saying that he will deliver in one more year.
Now, he is trying to threaten me saying that my payments are delayed and it attracts penalty + GST on it and forcing me to pay that. He also changed his word that he will use internal fittings from reputed brands like Roca, Jaquer, Kajaria and he seems to be using fittings with his own logo on them.
When i asked for justification, the employees from this organization suggested to go for registration as such discussions will never end and if i complete the registration process it will put an end to their demand of penalties.
After paying 96% of total cost of flat, I am being harrassed by the builder which is very disturbing in my personal life too with no guarantee that I will get my flat in this lifetime.
Please suggest, if
I should go for registration of the property and enroll myself as the legal owner of an unfinished flat or
Wait till it is delivered and ready for possession or
File a case to demand charges for his delay
I live outside India which is another problem to fight the case and the property is based out of Hyderabad, Telangana and most importantly this property is not under RERA as this builder started this project in 2008 but failed to finish it but is able to continue selling flats to goats like me.
Asked 4 years ago in Property Law
Religion: Hindu
The pronect is not registered under RERA in Telangana and builder failed to deliver the flat as agreed.
Is it a good idea to complaint in consumer forum NOW or i should wait till its completion and then raise the complaint.
Mean while is it suggested to register the flat to claim ownership of it as i do not want to cancel the purchase ?
Will i be eligible to claim compensation after the flat reguatration is done?
Asked 4 years ago