I have purchased an apartment from this builder in ND Passion, which was in an under construction stage in Jan 2012.
When I have purchased, the builder promised to deliver in Dec.2012. I have been paying to builder all amount as progress takes place, as per sale agreement.
Till date I have paid 92% of amount of flat cost but the builder still says it will take 12 more months to complete.
The builder is also not giving delay compensation amount as mentioned in the sale agreement. He tells that will be given at the time of handover of flat.
What can we all owners collectively do against builder against this delay? Please advice what all options can be exercised by us.