Dear Sir/Madam,
I am Suresh. Myself, Brother and friends syndicated and gave the construction responsibility to one of our friends (who is also a part of this project) uncle who is a builder. Builder has given us the assurance that he will complete the construnction IN/ON time. And on the same note, we have written an agreement between Builder and the flat owners (ourselves).
And as per the Agreement, we have clearly mentioned the dates on phase wise amount release to builder and the construction phase that needs to be completed by the builder. And also we have a clause saying, if any of the parties are not going to abide to the agreement, then that particular party has to pay a penalty which is clearly mentioned in the agreement. And as per the agreement the builder suppose to complete the construction by August (Construction deal happened in the month of Feb), but till today there is still a pending work of about 40%. And builder is not abiding to the agreement clause on penalty, and he is not at all responding our calls, and infact the work is going on very slow pace, and by looking at that pace, we are really worried that it may take more than a year or 2.
Please let us know how to take forward and get the justice on our part from the builder's harassment. Appreciate your response on this.
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