Ashish Thapa , Apartment Resident
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?

My comments to replies
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.
thank you... So I probably just need to wait!!!
23rd October 2011

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