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Complaint against Paramount Residency Pvt. Ltd.

Complaint Details: 
Respected Sir, Myself Dr. S. S. Sharma & my wife Mrs. Meenakshi Sharma entered in a written contract on 18th July 2008 with m/s Paramount Residency Pvt. Ltd. for Unit No. Nimbus 705 in Paramount Symphony, Crossing Republic, NH-24. As per the contract we paid booking amount Rs. 3,27,250 (paid vide Receipt no. 667 on 13/07/2008 & Rs. 27,81,625 paid vide Receipt No. 742 on 28/08/2008. According to the clause no. 38 the builder has to pay compensation to the allottee at the rate of Rs. 5 per square feet per month if the builder is not able to complete the flat ready for possession within 3 years of the date of contract with a three months grace period. The stipulated time to complete the constructions expired on 18 July 2011. When we visited the construction site in the first week of July 2011, we found even the towers was not completed. The company officials at the construction site told us that the construction work will be completed soon and the flat will be ready for possession within grace period. On 19 July 2011, we received a letter from the builder to take the possession . We visited the construction site & found that the construction work was going on & the tower was still not complete. On our objection that how can they offer possession of a incomplete flat when even the tower was not ready they gave strange argument that we should deposit the balance amount and get the registration of sale deed of the said flat & they will complete the flat soon. They showed no interest to pay penalty for the delay in the construction. Finally we gave our objections and made demand to get the penalty amount from the builder through the registered post dated 29/11/2011 but got no reply. Again on 02/04/2012, we send a reminder by the registered post but the company didn't paid any penalty. Instead of paying the penalty they sent a letter for the chowkidaarana charge & afterwards the society charges. In June 2012, we visited the construction site and found the flat is still not ready for possession. Lot of work has to be done by the builder in the corridors, in the flat & in the tower. We send our objections & demand for getting the penalty amount from the builder on 06 June 2012 through email. Finally in response to our letters & email company send a cheque of Rs. 3208 dated 17/03/2012 which we refused to cash as a protest. Flat is still not complete. Kindly do justice for us as we are entitled to get the penalty amount from the builders at the rate of Rs. 8500 per month from the date of default. There is a delay of 13 months till now & the amounts comes to be Rs. 1,10,500. Kindly direct the company to pay penalty amount with interest for their default and complete the flat soon so that we can take the possession. Also direct the company to withdraw their demand for chowkidaarana & society charges until they complete the flat till it is ready for possession. Builder's address- Paramount residency Pvt. Ltd., H-123, Sect-63, Noida (U.P.), Pin-201305, email: & Complainant's Address- II-C/19, Nehru nagar, Ghaziabad (U.P.), Pin-201001, email: Your Sincerely, Dr. S. S. Sharma & Mrs. Meenakshi Sharma Allottee Flat No. 705, Nimbus Tower, Paramount Symphony NH-24, Ghaziabad.
Documents related to complain against Paramount.pdf262.08 KB


Having paid the booking amount in advance, and the installment(s), you have every right to get the Builder to follow the written agreement or contract. Violation of the terms of contract is against the Consumer Protection Act 1986, and you can approach the Consumer court to get compensations for delay in completion of construction. You are advised to file a Complaint in the District Consumer Disputes Redressal Forum in NOIDA. It is better to engage an advocate and request for Compensation for harassment, mental agony and costs for litigation. There is no other shorter method to get your rights in the present day scenario. We, being an NGO, cannot direct the Builder to follow the LAW. Please be prepared for a long and tedious process. The Opposite Party will try all tactics to dissuade you and frustrate you.

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