Mahagun India Pvt Ltd — Disbursement of Pre-EMI for 11 months & Delay in possession

Address:	A-19, Sector-63, Noida (U.P) Pin -201301
Website:	www.mahagunindia.com

1. Mahagun has stopped paying Pre-EMI installments for 11 months now (March-June 2020 & August 2020, March 2021-August 2021) The apartment booking was under subvention plan. As per the subvention plan Mahagun is supposed to pay the pre-EMI until possession. Builder has violated the terms of agreement.

2. Mahagun had promised to handover the possession of apartment by June 2017. However on ground only the structure is erected, all other work is pending. Looking at the current situation it seems it will take another 1 year to complete provided the work resumes. However builder has no intention to complete the work even after delay of over 4 years. There is no response to emails sent, no one is willing to meet or give a suitable response. Developers people manhandle customers at the builders premises..

I have taken Home loan for the said property and EMI is being debited from my account. Builder has forcibly passed on the liability on to me.
As per plan 100% payment of the property was made on 24 Jan 2015. Without Job it has become difficult to manage the EMI burden.

Request is made to instruct the builder to pay refund the paid amount with interest @18% p.a. Pleading the authorities to free me from the clutches of cunning builder.