What is the legal recourse for delay in construction or non-delivery of property as per agreement?

As per the seasoned lawyers from SimranLaw, the legal recourse for delay in construction or non-delivery of property as per agreement includes:

1. Invoke Arbitration Clause: If your agreement with the builder has an arbitration clause, you can move to an arbitration tribunal. The tribunal’s decision can be enforced as a court order.

2. File a Complaint in Consumer Court: If the delay is unreasonable and amounts to deficiency in service, you can file a complaint in the Consumer Forum under the Consumer Protection Act. You can claim refund, possession, compensation or interest on the amount paid.

3. Approach Real Estate Regulatory Authority (RERA): RERA has been established to handle grievances related to real estate matters. In case of delay or non-delivery, one can file a complaint directly with RERA. RERA has power to penalize developers in case they default on commitments made.

4. File a Civil Suit: You can file a civil suit for breach of contract for recovery of amount paid and compensation for the loss suffered due to non-completion of project.

5. Initiate Criminal Proceedings: If the builder’s act amounts to cheating, you can file a criminal complaint. If convicted, the builder can face imprisonment.

6. Insolvency and Bankruptcy Code (IBC): In some cases, you as a homebuyer can initiate insolvency proceedings against the defaulting promoter or builder under IBC.

Remember, it is critical to keep a record of all communications with your builder and save all relevant documents to support your claim. Also, legal procedures can be lengthy and may require professional legal advice.

One thought on “What is the legal recourse for delay in construction or non-delivery of property as per agreement?”

  1. If you’ve found this information helpful and are experiencing similar legal challenges, it may be in your best interest to seek professional legal counsel. SimranLaw, a leading law firm in Chandigarh, can provide the assistance you need.

    With a robust team of experienced lawyers in Chandigarh and advocates in Chandigarh, SimranLaw is well equipped to navigate complex legal issues. Whether you’re dealing with delays in construction or non-delivery of property as per agreement, our team can guide you through the legal recourse available to you.

    Don’t hesitate to reach out to us for a personalized and comprehensive legal solution tailored to your specific needs. At SimranLaw, our lawyers in Chandigarh and advocates in Chandigarh have the expertise to provide you with the best possible legal outcomes.

    Take the first step towards resolving your legal challenges by contacting SimranLaw, a trusted law firm in Chandigarh. We’re here to help.

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