How To Ensure that the Builder meets his Deadline?

How Can I Ensure that the Builder meets his deadline?

Buying a property and moving into your dream home is a headache. Yes, This is true. It’s a headache. Sometimes the builders don’t meet their deadlines and ultimately the buyer has to suffer.The builders pay a nominal interest to the home buyer if they are unable to meet the deadline mentioned in the agreement.

However, this is not mandatory.

But in case of delay, What you can do is, you can also form a society with other buyers and jointly pressurize the builder if he doesn’t stick to his deadlines.

Solution -

If you have choice, go for the property that allows you construction linked payment plans. If construction is stuck half way, there is no pressure on you to make future payments.