What’s the Legal Lifeline When a Builder Delays Possession? π️⏳" Client’s Question: "I booked a flat and paid 80% of the amount, but the builder has delayed possession by over a year. Can I take legal action for this delay?" ⚠️ A very common and frustrating issue in India’s booming real estate market! Let’s decode your rights as a buyer when the builder breaks their promise. π§Ύπ’ π§ Legal Answer: Yes! If your builder delays possession without a valid reason , you have solid legal recourse in India under multiple laws. Here’s your roadmap to relief: 1️⃣ Check the Builder-Buyer Agreement : Look for the possession clause. If the builder has breached it, you’re already standing on legal ground. The agreement will also mention penalties or remedies for delays. ππ #BuilderBuyerAgreement #RealEstateLaw #LegalRights 2️⃣ Approach RERA (Real Estate Regulatory Authority) : Under the RERA Act, 2016 , you can file a complaint if the project is registered. RERA can di...
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