Mumbai: Flat buyer wins Rs. 5.85 L refund with 8% interest for delay in possession

Mumbai: Flat buyer wins Rs. 5.85 L refund with 8% interest for delay in possession

A district consumer commission has directed a developer to refund Rs. 5.85 lakh booking amount with 8% yearly interest from the date of payment till realisation.

Staff ReporterUpdated: Thursday, December 01, 2022, 09:07 AM IST
article-image
Pixabay

Mumbai: A district consumer commission has directed a developer to refund Rs. 5.85 lakh booking amount with 8% yearly interest from the date of payment till realisation. It also asked to give Rs. 20,000 for the delay in flat possession and Rs. 10,000 as litigation cost.

Dated Nov 18, the order was passed on the complaint of a Kandivali resident who along with his son had booked two flats in a Nalasopara-based project. Between 2010-12, the complainant and his son had separately paid a total of Rs. 3.75 lakh as booking amounts. The developer had promised to hand over the flats in a month or two.

Later, the developer expressed inability to give possession owing to the 'unforeseen difficulties'. Instead, the complainant was offered a bigger flat–as the deal was made with respect to two flats–in Virar for Rs. 5.85 lakh.

As per the new arrangement, the complainant needed to pay approx Rs. 2 lakh more and the rest would be adjusted with the earlier paid booking amounts. In both the deals, agreements were made but not registered.

Observing that the developer indulged in unfair trade practice, the commission passed the order ex parte as the opponent's lawyer didn't file reply on time

RECENT STORIES

Mumbai Weather Update: IMD Predicts Clear Skies Today; Mercury To Remain Stable Around 31°C Amid...

Mumbai Weather Update: IMD Predicts Clear Skies Today; Mercury To Remain Stable Around 31°C Amid...

Mumbai: Woman Falls Victim To Instagram Scam, Loses ₹2.40 Lakh In Forex Trading Fraud

Mumbai: Woman Falls Victim To Instagram Scam, Loses ₹2.40 Lakh In Forex Trading Fraud

Mumbai Youth Congress Starts Sticker Campaign Against State & Union Govt

Mumbai Youth Congress Starts Sticker Campaign Against State & Union Govt

Mumbai: Andheri Trader Acquitted By SEBI Judge Over Non-Timely Receipt Of Penalty Order

Mumbai: Andheri Trader Acquitted By SEBI Judge Over Non-Timely Receipt Of Penalty Order

Maharashtra: Chhagan Bhujbal Says He Won't Contest From Nashik Lok Sabha Seat

Maharashtra: Chhagan Bhujbal Says He Won't Contest From Nashik Lok Sabha Seat