R
Ramesh Bhattacharya
posted on 10 MayJMS Prime Land delay is beyond frustrating
2 years past the RERA possession date for my JMS Prime Land flat near Dwarka Expressway, and still nothing. They keep giving excuses, yaar. I'm honestly so lost about what to do next. Is RERA actually effective for these builder delays, or is it just on paper? My parents keep saying I should sue, but I don't even know where to start.
#builder-delay#rera-complaints#first-time-buyer#jms-prime-land#dwarka-expressway
Comments
It's a tough spot, and many first-time buyers are facing similar issues. RERA does provide a platform for complaint and compensation, but the process can be slow. Your best bet might be to consult a lawyer specializing in RERA cases. They can guide you on filing a complaint with the RERA authority and exploring other legal avenues like consumer court. But be prepared for a long fight. Given the '0 projects' information, it's even more critical to understand their financial standing. What's your next step?
Collectively, we buyers need to push harder. Builders often get away with this because individual buyers feel helpless. The current market conditions in Gurugram, especially with new inventory coming up, mean they should be more proactive. But if sales are slow, their cash flow suffers, and projects get stalled. Have you tried forming a buyer's association for JMS Prime Land?
Yaar, this entire market is so uncertain. Builders ke haath mein hai sab kuch. My budget is so tight, I can't afford any delays.
JMS Prime Land? That's Krisumi Corporation's project, right? I was looking at something near Airport Road (Gurgaon side) by them too, but then someone told me they actually don't have *any* completed projects yet. Is that true? Anyone else booked with Krisumi? Or know their background?
Exactly! When a builder has no prior projects, it's a massive risk. The capital flow might be an issue, leading to these delays. What does your RERA agreement say about milestones? Have they met any of those? My friend faced similar issues with a project in Badshahpur because the builder ran out of funds.
0 projects? OMG, that's insane! No wonder there are delays. This is terrifying.
Yes, you're right! I did my research when I was considering a property nearby and found out Krisumi Corporation Pvt. Ltd. has 0 total projects. This was a huge red flag for me as a first-time buyer. It means they have no track record to judge their delivery capabilities or construction quality. It's like trusting a brand new chef with your wedding feast. Be very cautious, especially with such significant delays already.
2 years past the RERA possession date for my JMS Prime Land flat near Dwarka Expressway, and still nothing. They keep giving excuses, yaar. I'm honestly so lost about what to do next. Is RERA actually effective for these builder delays, or is it just on paper? My parents keep saying I should sue, but I don't even know where to start.
Totally agree with you, RERA is mostly eyewash for big builders. Same fear hai mujhe bhi for my booking near Basai. So frustrating!
Bhai, I feel your pain. RERA sounds great on paper but implementation is a whole different ballgame. Builders just pay the penalty and keep delaying. Suing is a long and expensive process, aur recovery ka bhi koi guarantee nahi. What's the builder's track record generally? Krisumi Corporation, right? Pehle koi project time pe deliver kiya hai kya?