[Resolved] Unitech — Possession Delay | |||
Hello Forum Readers We had booked a property in Unitech Horizon Project in Greater Noida in 2006. The possession of the property per the contract was to be given by 2008. However it has been 3 years delay . The interest cost is much more than the 5Rs/ SQft / Month that Unitech has agreed to deduct in the final settlement amount. The project repossession is delayed 4 times in the last 2 years. Need help in getting some justice from the builder and interest cost for the period the property is delayed should be borne by the builder. Regards Pradeep Was this information helpful? | |||
Aug 13, 2020 Complaint marked as Resolved | |||
 1 Comment | |||
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+91 11 4166 4040 [Reg Office]
+91 12 4412 5200 [Corp Office]
+91 11 2685 7331 [Reg Office]
Unitech House L Block, South City - 1, Gurgaon, Haryana, India - 122001
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Delays have been inevitable in the real estate sector in India from past few years. There have been many factors causing the same including recession and market up-downs. But I am sure Unitech is a safe bet as it is India's second best real estate developer and a very reputed company. I am sure whatever setbacks they must have been facing, they will deliver your apartment soon. So i would suggest you to be calm and take the matter a bit more patiently.