Real Estate Agency

Builder fined for delaying flat posession

The Maharashtra State Consumer Disputes Redressal Commission (Consumer Court) has asked M/S Vaidehi Akash Housing Pvt limited,to pay the expenses of stamp-duty,registration and conveyance for a 1000 sq ft flat located on Veera Desai Road(Andheri West).The builder had not handed over the flat to the buyer even seven years after making the full payment of 22 lakhs.The commission also told the builder to handover the flat within 45 days or else he will have to pay another 5 lakhs as interest.
The builder had issued an allotment letter dated March 22,2005  but did not execute the sale agreement for the 22 lakhs paid to him.Despite repeated summons,the company and its directors failed to appear before it.The commission then passed an exparte order against them.
Most people are unaware that they can pursue the builder for any problems in the consumer court and that the law is almost always on their side.Problems such as delayed conveyance,delayed society formation etc etc can be pursued in the Consumer Court and does not  require a lawyer.Just a plain paper submission is ok.

Mayur is a real estate professional with more than 15 years of experience at all levels of the Real Estate trade in Navi Mumbai. He is inspired by Arvind Kejriwal and is a member of the Aam Aadmi Party since inception. When not involved in real estate, he is actively involved in social issues of the community where he lives. He can be reached on 9987452642
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Mayur is a real estate professional with more than 15 years of experience at all levels of the Real Estate trade in Navi Mumbai. He is inspired by Arvind Kejriwal and is a member of the Aam Aadmi Party since inception. When not involved in real estate, he is actively involved in social issues of the community where he lives. He can be reached on 9987452642