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ARTICLE · 25 AUGUST 2017

Delayed Possession! Beware, Builder's Loss Not Buyer's

Lately cases of unreasonable delay in handing over possession to the Buyers/ Purchasers have been on a steep rise.

IndiaReal Estate and Construction
Curare Legal
Curare Legal

Lately cases of unreasonable delay in handing over possession to the Buyers/ Purchasers have been on a steep rise. The Buyers are left in the lurch after investing substantial money when the Builder does not abide by their own Builder Buyer Agreement and handover the possession within the stipulated time.

But are such buyers remediless? The answer is a clear NO, especially with such cases on the rise and our Consumer Forums passing much needed stinging Orders against such Builders.

What is most importantly required is awareness, as to what has to be done in such cases. The Consumer Protection Act protects such Consumers who fall prey to such situations.

Who is a Consumer under the Consumer Protection Act?

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