Builder fined of Rs 11.31 lakh by the consumer forum
The consumer forum has ordered TDI Infrastructure Pvt Ltd, a real estate firm to refund Rs 11.31 lakh to a customer for its failure to give him the possession of a shop in the desired time limit.
Moreover, the booking amount was collected without having an agreement and it is considered as unfair trade practice by the New Delhi District Consumer Disputes Redressal Forum.
The petition was filed by the consumer for a shop in a commercial shopping mall, being built by TDI on main G T Road, Sonepat.
The complainant had paid Rs 10.31 lakh in 2007 for buying the shop, but even after 5 years he has not got the possession.
The court has said that any buyer cannot be expected to wait and the developers should practice fair business by taking the booking amount after only signing the agreement with the consumer.
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Source: Financialexpress
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