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DLF faced charges for having harassed a businessman

No Comments Sub Category:Legal,Realty News Posted On: Sep 15, 2014

Abeyant construction, delayed possession, hollow promises and helpless buyers. These seem to have become a common trait in the real estate industry in the city. The case involving DLF portrays the helplessness of a buyer, who endured excruciating wait for getting a business space despite depositing over Rs 85 lakh and finally had his grievance redressed by National Consumer Disputes Redressal Commission (NCDRC).

Businessman K.K. Rana had applied for office space at the proposed DLF Tower at Shivaji Marg in West Delhi. However, construction was delayed by five years and his requests for refund were never met, forcing him to approach NCDRC.

The forum has directed DLF Commercial Complexes Ltd. to refund within 90 days the Rs 85.94 lakh paid by Rana over five years ago along with an annual interest of 18 percent from February 20, 2008, which comes to nearly Rs 1.76 crore. A fine of Rs.2 lakh was also imposed on the company for harassment and mental agony.

The problem faced by a buyer in a DLF property has not been new, these kinds of problems seems to be rising.

Source: The Hindu

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