Gurgaon | 19 Aug, 2021 (1 year, 9 months ago)

Property Law

Am I liable to pay EMI if builder defaults on EMI payment under subvention schem

I have purchased RERA approved flat in Gurugram in 2018 .They have given me in written that they will pay the EMI and interest till possesion but this month I got the legal notice from bank for not paying the EMI.I am trying to contact the builder but got no response.What should I do ?Do my CIBIL also effect because of it ? They had made only basement for parking but after it nothing has been done.Please advice.
19 Aug, 2021 | 22:23

How is it going to affect your cibil score ? Did you took loan from bank ?

Shubham Pabbi 19 Aug, 2021 | 22:44

Sir please contact on my e-mail id.

Asker 19 Aug, 2021 | 22:39

The loan is under my name but the builder is liable to pay EMI till possession because the flat was bought under subvention scheme


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