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HomeLawNCDRC orders full refund with interest and costs to homebuyer in complaint...

NCDRC orders full refund with interest and costs to homebuyer in complaint against developer

The complaint had booked a flat in a project, “Chintels Serenity” by paying a booking amount in December 2012. At the time of booking, the opposite party (OP) had assured delivery of possession within 42 months.

In August 2013, the OP sought another payment and the date of booking was changed to August 2013. In October 2013, the Apartment Buyers Agreement was executed which contemplated a period of 42 months including 6 months grace period for delivery of possession.

Subsequently, the OP sought various payments on different occasions amounting to a total of ₹1,62,67,614 out of the total consideration of ₹1,93,55,795.

Source: Barandbench

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