I am bound with builder buyer agreement which was signed after one year from the date of booking. If I do not sign it or want to change any details then BPTP will not get agree and want to cancel my booking.
In my opinion this is due to that fact that in India no body get a punishment from our courts. In India courts are prepared on a mountain of next dates and do not have any target date. That why no body want to go to court and do not have faith on our courts. If a consumer court give any decision then it can be challenged in civil court.
The following should be adopted in my understanding :
Builder will make a catelogue with the application form at the time of booking. He will specify all the terms and conditions in that catelogue as same as the Govt. system.
Secondly there should be a specified and approved by govt. format of agreement.
Taj was build in 20 years and Jama Masjid takes 4 years. This was build 400 years back. It means our builder are so bad. If ShahJahan give the construction work to current builders then he will decide to kill all of them b'coz they can't able to achieve the task in 20 years and 4 year respectively after having good construction machinery.
DO NOT BOOK ANY FLAT WITHOUT CHECKING THE TERMS AND CONDITIONS. IF BUILDER NOT GIVING IT TO YOU AT THE TIME OF BOOKING THEN THE BUILDER IS NOT INTERESTED IN MAKING HOMES AND HE IS JUST A BUSINESSMAN. DO NOT BOOK FLAT ONLY LOOKING THE FAKE COMMITMENTS. IF BUILDER IS SAYING THAT HE WILL PREPARE FLAT IN COMMITTED TIME THEN AFTER THAT HE ALSO PAY 18% TO BUYER AS SAME AS IN CASE OF INSTALLMENT. NO CHARGES AFTER PASS THE COMMITTED TIME FOR ANY SALE OF FLAT. IN CASE OF CANCELLATION BUILDER WILL GIVE A MARKET PRICE B'COZ AFTER CANCELLATION HE WILL AGAIN SELL IT ON THE MARKET PRICE WITH PENALTY OF 18% OF TOTAL COST.
PLEASE JOIN US FOR SUPPORT BPTP BAWA ASSOCIATION.
Parminder Jit Singh
H.No.176, Sector 7 Gurgaon more
Our email domain has changed from @shrirampolytech.com to @shriramaxiall.com (e.g. email@example.com is now firstname.lastname@example.org)
Please update your contact list.
Thank You more