Latest Answer: Panache Homes Omaxe Royal Residency is still under construction and the project is by Omaxe Construction Ltd. I don't have idea of completion date. You can either contact their sales team or visit their office for more query...
Thank you
Q:When I contacted the builders earlier this year they said that it should be done by Dec. 2011 but now when I contacted they mentioned it will be further delayed but never gave a straight answer on how much more delay are we looking at. Looking at the pictures (indicative of the status), it doesn't look like it is in a position to be handed over before May/June 2012? In the agreement, they had signed up for penalty clause as well for delayed handover. Is this something that we can exercise?
Latest Answer: Penalty clause is just to attract the buyer and there will be lots of reasons to justify the delay by the builder, almost ready by their legal team.You can take legal help for any penalty clause on your apartment's agreement and exercise your rights.