Realty check: are you losing sleep over your dream house? Tell us!

Thequint

Realty check: are you losing sleep over your dream house? Tell us!"


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Flat-owners of BPTP’s ‘Park Spacio’ in Gurugram, for example, say that unrealistic timelines by the builder have become the norm. Citizen journalist Sanchit Kapur wrote to The Quint, saying,


Dr Sarita Punia, who booked a flat in May 2010 in Noida’s ‘Lotus Panache’ by 3C builders, has a similar story. She was to get possession of her flat in 2013, but reported to The Quint that


even after a 6-year delay, the builders have failed to deliver the project. A delay in possession leads to increased financial strain on homebuyers, who pay monthly EMIs. The situation is


worse for those who live in rented properties. Samarth Agarwal, a flat-owner of Lotus Panache, says, Many buyers are hoping to get due compensation for this delay.


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