We booked at the pre-launch stage in July 2013. The builder had initially calculable a possession date of 54 months from this date that is approx. 2017.
They failed to provide us a draft of agreement till 2015 despite continual requests. once we got the draft in 2015 they place a clause of possession of 63 months from date of signing of the agreement. therefore no specific commitment on possession date! they need to force us to register the line even though this clause is at the start void and not legal.
later on, they took advantage of RERA and posted a possession date of 2020 and currently revised to 2021.
currently, they’re telling us that no interest unless they cross the RERA date or the 63 months from signing of the agreement date.
Not proud of the way the builder is addressing the problem of interest on delay in possession of the flats