Dlf — dlf gardencity hyderabad

Area of plot booked = 267 sq yard
Made my booking in May 2012.

Delay period = Sep 2014 onwards

Here is the calculation towards penalty to be paid by DLF:

Penalty = * Rs 42/sq yard * Plot Area * Delay in number of months

Penalty to be paid by DLF at the time of possession = 42*267*55 = Rs 616, 770/-

DLF has blatantly retracted on its promise of timely delivery - and now doesn't want to pay any penalty.

DLF is passing the buck to the customer at two fronts:

a) charged interest for late payments of instalments asked
b) declining to award due penalties towards late delivery

DLF: What a shame!