[Resolved]  Prabhavathi Builders — Fraud/Cheat

Address: Bangalore, Karnataka

Hi,

I had bought a flat in Prabhavathi Paradise built by Prabhavathi Builders, BTM Layout, Bangalore. The builder initially played so friendly till he got all his money and now it has been more than 9 months overdue to proposed completion date but no sign of completing the project. I had got everything signed on stamp paper for the interest for delay in construction and compensation for carpet area sq.ft loss. And all these are signed and recorded in bond/stamp papers. The builder straight away refuses now for any compensation and/or interest payment. He further states "you are free to go to court and place a complaint, am not bothered and I will not give the possession till I don't get the full payment".!!!! Is there no rule or governing bodies for these cheating and unlawful acts of such builders? Now, I do not have any money to settle as everything is already spent in renting a house till date and paying the housing loan interest and the builder does not give the possession of the flat..!! Does anyone know if we make a case out of this and sue this builder and also stop such fraudsters from selling anymore flats to victims like us?