Do not buy any property in MAHAGUN

₹30.9 L - ₹59.7 L
Possession on: Dec 2019
Status: Ready to Move
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Do not buy any property in MAHAGUN
Jun 01, 2020 07:57 PM 5224 views (via Mobile)

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I purchased a flat in mahagun mywood in feb 2019 on commitment to get delivery in December 2019. But for safer side i paid extra money to get scheme "NO EMI TILL POSSESSION".


Now in june 2020, I get to know that builder is forcing flat owners to opt for option of moratorium period announced by RBI and this will be nearly for 6 months. Means these 6 months pre-emi will be added in my loan. It means that liability of mahagun to pay pre-emi is forcefully shifted to flat owners.


I have paid extra for "NO EMI TILL POSSESSION"


I did not get possession on time


And I have to pay extra to get my flat.


Even i am not sure that they will give me possession or not.


Now i do not know what to do and what steps should be taken. Anyone plz help..



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