OMAXE LTD - POOR SERVICES BY OMAXE LTD
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Complaint by: DINESH MALIK on July 8, 2014, 10:45 am in Real Estate

I had booked a flat with omaxe limited for omaxe swarnaprastha floor sonepat, Haryana and paid RS 6 lakhs in Jul 2011. I was informed that buyer builder agreement shall be prepared within 1 month, home loan shall be available within 2 months and possession shall be given in 1 year. Till now, no home loan is available. Approx 80% of the cost as Rs. 22 lakhs are already paid. Date of offer of possession is not clear and seems to be indefinite. Now omaxe ltd is forcing to sign an unfair and one sided buyer builder agreement in which the date of offer of possession is 2 year from the date of signing the agreement, extendable by 6 months and with rider of force majeure reasons as excuses to pay compensation. All binding terms and conditions are for buyers and all evasive terms and conditions are for builder. It is one sided agreement and omaxe limited in not ready to amend the T&C of agreement. I have read on internet that all the cases lost by customers are due to this unfair buyer builder agreement only. BBA is a trap of builders. Now omaxe ltd is forcing me that there will be no home loan and no offer of possession if this agreement is not signed. Now i am helpless in front of a large builder as a common people. Being a govt servant, i don't have time to file court cases and attend on various dates. I am just waiting for real estate bill to be passed by parliament, which shall control nuisances from builders. Through you, I request to get the Agreement amended as per my T&C also, no further instalment to be demanded till home loan is approved, Omaxe Ltd shall pay compensation from Jul 2013 for delay @ Rs 10000/- per month till offer of possession and status of project to be informed to customer every month.

Complainant's Goal: FAIR BUYER BUILDER AGREEMENT, COMPENSATION PM FROM JUL 13 ONWARD, HOME LOAN ETC
Complainant's Target: OMAXE LTD
Complaint Location: IndiaHaryanaSonepat
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Thu, 07 Aug 2014  S.S.Verma

Dinesh Ji,
Although U have done a mistake of 80 % Payment. I have read the agreement . If U will read this, you will find the way. For Example "6 months rider of force majeure reasons" . Have U received the intimation in time from Omaxe for force majeure reasons, the answer is no. You can ask the same to Omaxe. Read Clause No 33 f which says that company is equally responsible. Better U get the agreement and before that send the detail mail to Omaxe indicating your concerns.which can help u in the future , either for media communication or consumer form.
Thanks