Mantri is a reputed builder . Based on this brand image I booked a flat in Aug 2011 and locked up nearly 76 lacs. They were supposed to hand over possession in November 2013 . It was then postponed to Nov 2014. Now they say it will be done only in March 2015.
The compensation agreed upon is a paltry 3% per sq ft which is pittance. at the time of booking we never believed that the project will be delayed by years and therefore did not bother aboutht he low compensation.
Request other buyers in this project to come together so that we can ask the builder for fair rental value as compensation from Nov 2013 till date of possession.