builder buyer agreement, builder is not giving flat and no money, feel free to do this work, will return each piece with interest – flat possession not on time, know how to claim your refund from builder by using rera provision

delay in getting flat

If you are also a victim of this fraud of the builders, you are also not getting the possession of the flat on the given time. If you are also paying the rent along with the EMI of the loan due to the fault of the builder, then you do not need to worry. You don’t have to sit idly by with the arbitrariness of the builders. We are telling you about the method where you can complain and get your refund with interest.

What to do if the key of the flat is not found

The Real Estate (Regulation and Development) Act, 2016 was enacted in the year 2016 to end real estate anomalies, to curb the arbitrariness of builders. The Real Estate Regulatory Authority (RERA) was created under this act. Each state has its own RERA, which stands by the rights of flat buyers or home buyers. If the builder is not handing over the flat to you, then you can lodge a complaint with RERA. If you want the builder to refund your money, you can file a complaint with RERA. If any project of the builder is stuck and you have booked a flat in that project then you have the option to get your money back with interest. RERA has to dispose of the case within 60 days of receiving your complaint. Near your complaint, RERA will issue a notice to the builder. The builder has to implement the same within 45 days.

how can complain

You have booked a flat in a builder’s project which is stuck. In such a situation, surely you would like to get back the money you have invested. You must have visited the builder’s office many times, but every time you would have got a false assurance from their side. In such a situation, you should not go to the builder’s office but go to RERA and complain about the builder. You can get your money back with interest by complaining to RERA.

If the project in which you have booked a flat is registered with RERA, then you can file a complaint against the builder with RERA from the comfort of your home. Flat buyers have the right to approach RERA with complaints related to the apartment, plot, common area under the sales agreement. If you are from Uttar Pradesh, you can register a complaint by visiting the UP RERA website www.up-rera.in. Not only this, for five years after getting the possession of the flat, if there is any structural defect in the property, you can complain against the builder by going to RERA. The builder has to get it rectified within 30 days without any charges.