Supertech — supertech azalia, tower two, sector 68 gurgaon

Address:

Gautam Buddh Nagar, Uttar Pradesh

I have booked a flat in supertech azalia (T2/707) in 2016 under the subvention plan. I have already paid 10% (Around 4.5 lakh) and have my loan approved of 80% with HDFC housing bank. That time they gave the possession date of dec 2019 and it was agreed that during the subvention plan, the pre-emi would be paid by the builder till i get the possession. I got to know there was no construction happening on the site and now they saying that possession date has been extended and its undefined as of now. Another shocker for me was that bank has started deducted pre-emi from my account, which as per agreement builder should be paying the interest (Pre-emi) till i get the possession. No one is picking up the phone from the site and their web site is down as well. I called supertech helpline and they saying the company is facing some financial losses that's why they are not able to pay pre emi to bank. I am paying that amount every month which is against their agreement under the subvention scheme. I feel like cheated here and need help to get this resolved. Even at this time cancellation is also not a solution as around 15% to 16 % of total flat value will be charged for cancellation.