NCDRC
The Supreme Court has upheld the National Consumer Dispute Redressal Commission’s (NCDRC) judgment directing Parsvnath Developers Limited to refund payment received from two buyers for failing to deliver their flats on time. The developer had ensured the flats’ possession within 36 months at the time of booking. Thousands of flat buyers in Delhi-NCR region have [...] Continue Reading »
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 [...] Continue Reading »
In a verdict which upholds the National Consumer Disputes Redressal Commission (NCDRC)’s March 19 ruling, the Supreme Court has asked a Gurgaon-based realty developer – Ambience Pvt Ltd. – to refund Rs 33.38 crore maintenance fees charged from the residents of its project since 2002. The mentioned maintenance fees which Ambience has been asked to [...] Continue Reading »
The apex consumer commission has asked a real estate company to pay over Rs 1 crore to a doctor for its failure to give him possession of an apartment, saying that it was making profits at the expense of others. National Consumer Disputes Redressal Commission (NCDRC) bench that was presided by Justice J M Malik, [...] Continue Reading »
