for any loss due to false information in case of pulling out of a project the builder has to return the money with interest at a rate not more than current ratethe buyer can also directly apply to local body for occupation certificate if the developer is delaying even after completion of the project and the cost incurred by the allottee will be recovered from the promoter after a sale agreement is concluded the builder will not be able to mortgage or create a charge on plot or apartment without written consent of the buyer of these employees would have taken home loans unless they find new jobs fast enough the banks will not offer them an extended buffer period to start repaying their emis he observed akshaya kumar ceo of park lane property advisors said the global crisis will see money dry up even further the developers will be strangulated further he predicted