Default on agreement for sales and construction
Subject: Defaulting on agreement for sales and construction made between Ms Desai Homes and the clients.
Ms Desai Homes has allotted us Apartment of Golden Gate Project, District Emakulam, Taluk Kanayannur, Furka Thiruvankulam, Village Vazahakkala, and Desom Kundannor. This is to indicate that Ms Desai Homes has defaulted on timeline mentioned in the agreement.
Page No. 5, Statement No. 6 indicates that,
Tower-1 to Tower-4, of the construction of the DD Golden Gate will be completed within 31st day of December 2008 with a grace period of 6 months and Tower-5 & Tower-6 within 30th day of September 2009 with a grace period of 3 months and on making the payment as per D schedule hereto sale deed of undivided share of land will be executed in favor of the allottee at the time of completion of structure of the building and possession of said apartment and the car parking area mentioned in ‘C’ schedule will be handed over to the allottee on completion of construction.
Time elapsed after the assigned date of completion of apartment and handing over possession is close to 2 years 4 month.
We have also abided to their every condition mentioned in the agreement and therefore honored it in every possible way.
Desai homes is not taking any sincere efforts in completing the same in time.