Manish, Noida
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Builder denying penalty payment for delaying possession
Q: I have purchase a builder flat in sec. 76 noida in resale.Possession of flat is delayed by builder,on asking of penalty mentioned in builder agreement he is denying & told me that in transfer cases penalty is not applicable.

Latest Answer: Hi Manish, As per my knowledge, in resale cases, builder is not the first person(seller). So builder is not reliable to pay you penalty for delaying possession .

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