Real Estate
Active
Complaint #8710 — RAVI KUMAR
Filed: 27 Nov 2014 ·
Address: Siruseri, Chennai
I have bought an apartment in TAUS project by TVH India Pvt. Ltd, in Seriseri, Chennai. Per the agreement they are supposed to handover the apartment by Jan'14 including 6 month grace period. But still it's under construction. Per the agreement they are supposed to pay Rs 7 per sq. feet as compensation every month until final handover. Now they are saying if there is a delay in the payment/installments I become ineligible for the compensation. Also they are charging me a lot of interest for the delayed payment. The reason for the delayed payment is delay in the construction. Please advise me how can I proceed legally on this.