The builder-buyer agreement, signed by both parties during the finalization of the real estate deal, specifies the date on which the builder promises to hand over the possession of the property to the buyer.

However, things do not always go as planned. Some builders, especially fraudulent ones, fail to meet their promises. When questioned about the delay, they often cite financial difficulties, lack of funds, or other reasons. In some cases, builders even alter the design of the property without informing the buyer.

If there is a genuine reason for the delay, the builder may request a time extension. However, if the builder fails to deliver possession on the extended date, the buyer is entitled to take legal action for the delay in possession.

It is important to note that the buyer can only take legal action if the delay is due to the builder’s fault. If the delay is caused by uncontrollable circumstances, such as a natural calamity (e.g., fire, earthquake), the buyer cannot hold the builder responsible for the delay.