V.K. Jain, Presiding Member—The complainant booked a residential flat with the OP in a project namely ‘Capetown’ which the OP was to develop in Sector-74 of Noida. Flat No. 1606 in Tower CM4 of the aforesaid project was allotted to the complainant vide allotment letter dated 22.05.2012. The payment plan agreed between the parties reads as follows:

Installments	Inst. Date	%	Amount
At the time of booking	17.03.2012	0.00	605764.00
Within 60  days from booking	16.05.2012	0.00	2423055.00
On commencement of foundation work	17.05.2012	0.00	545188.00
Total			3574007.00
Installments	Inst. Date	%	Amount
On casting of basement roof slab	18.05.2012	0.00	711698.00
On casting of 4th floor roof slab	19.05.2012	0.00	711698.00
On casting of 8th floor roof slab	20.05.2012	0.00	711698.00
On casting of 12th floor roof slab	21.05.2012	0.00	711698.00
On offer of possession letter	31.10.2013	0.00	593881.00
Total			7014680.00

The possession of the flat was to be delivered to the complainant by Octob