K
Kunal Garg
Mohali under-construction delays: What are my options?
DLF City Phase 4 — I'm experiencing significant delays with the 3BHK I booked with 4S Developers. It's now more than two years past the promised possession date, and communication has been inadequate. As I'm based in Dubai, conducting regular site inspections or follow-ups is challenging. This investment in an under-construction project is proving quite difficult. I've already disbursed over 70% of the payment, approximately ₹1.5 Cr, and my EMI obligations are ongoing. I'm uncertain about the best course of action. Is RERA proving effective for such prolonged delays in Mohali? I'd appreciate hearing if others have encountered similar issues with 4S Developers or other builders here, and what steps you took.
#possession-delay#under-construction#4s-developers#nri-investment#rera
Comments
Yaar, this is exactly my fear. Mohali mein toh kaafi builders ka yahi haal hai sunne mein aata hai. 1.5 Cr is a huge amount, aur Dubai se manage karna is next level difficult. Hope you get some resolution soon. Maine bhi socha tha under-construction lene ka, but ab soch raha hoon ready-to-move hi better hai, even if it costs a bit more.
Sahi keh rahe ho. Ready-to-move mein at least physical possession toh dikhta hai