We booked a flat eight years ago, but haven’t received possession yet. The builder keeps delaying, citing reasons like mutation and partition. He agreed to buy the flat back two years ago, promising 18% interest if payment was delayed beyond six months. He’s only paid 15% so far and keeps stalling. Can we file a case to get our money back? What are our chances of success, and when should we file? The agreement also prevents us from selling the flat. What options do we have?
Best Answer
Yes, you can file a case in a consumer forum or civil court to recover your money, including the promised interest. Your chances of success are high as the builder has breached the agreement and delayed payment. You should file the case as soon as possible, preferably within the limitation period prescribed by law. Consider seeking legal advice to understand your specific rights and options, including the enforceability of the non-sale clause.
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