City me flat book karna long-term dream hota hai, lekin project delays ne buyers ko kaafi hurt kiya hai. Is problem ke response me multiple countries ne real estate regulation frameworks banaye – registration, disclosure, escrow, and buyer remedies ke sath.
Key protections:
- Promoter ko project register karna, sanctioned plans, timelines, and approvals public karna,
- Buyer payments dedicated account/escrow me rakhna, taaki paisa doosre projects me divert na ho,
- Delay pe interest, compensation, ya refund options provide karna,
- Structural defect liability fixed period ke liye,
- Misleading ads ya layout changes pe penalty.
Homebuyers collectively regulator ke saamne complaint file kar sakte hain. Parallel me consumer forum, civil suits, ya even criminal complaints (cheating, fraud) ka route open ho sakta hai depending on facts.
Paper pe rights strong hain, ground pe enforcement mixed. Phir bhi, aaj ke time me builder blindly choose karne se pehle registration status, past track record, aur existing complaints check karna relatively easy ho gaya hai.
Booking form sign karne se pehle cancellation, delay, and penalty clauses line-by-line padhna future headaches se bachata hai.