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Builder
by K.L. Kashyap on Nov 18, 2007 10:57 AM   Permalink | Hide replies

The ground reality is That the builder has the last word. Very few buyers have the patience and resources to fight a protracted legal battle. Even at the end of the war the litigant only gets a mental satisfaction of winning. There is no relef worth the name. The point to consider is whether Rs 5000/- was the right amount for mental agony suffrere. The regulations must be suitabaly modified to pay exemplary damages. The stsate govt. should notify model agreement.

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  RE:Builder
by gopalakrishna sagar narayana on Jan 07, 2008 06:47 PM   Permalink
Judges don't understand the plight of helpless buyers who are pitted very badly against the builder-mafia. So they award compensation of peanuts value to the poor buyer if the case is decided in buyer's favour. No one can look to any sort of help from Govt (say, like setting up of regulatory body or enacting new laws to rein in builders) as the ministers or their kin or their friends happen to be builders or ministers would have invested their ill-gotten money in this sector for getting higher returns. So why will they create unnecessary hurdles for their interests. The buyers will be perpetually at the receiving end from vicious group of builders-politicians-rowdy-state police.

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Buying a house? Beware of tricks