'You can seek refund if flat delayed over 1 year'

Judicial forums, including the SC and consumer courts, have repeatedly held that homebuyers cannot be made to wait indefinitely, but it was not clarified when a refund can be claimed in case of delay. Now, the National Consumer Disputes Redressal Commission has held that buyers can seek a refund if possession is delayed by one year beyond the date promised by the builder.

from Times of India http://bit.ly/2W1sMpb