Unitech told to refund over Rs 53 lakh to two Greater Noida home buyers
Unitech told to refund over Rs 53 lakh to two Greater Noida home buyers
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Unitech told to refund over Rs 53 lakh to two Greater Noida home buyers
 
Unitech told to refund over Rs 53 lakh to two Greater Noida home buyers

Taking note of inordinate delay in the possession of flats, the National Consumer Disputes Redressal Commission (NCDRC) has directed developer Unitech to refund over Rs 53 lakh to two home buyers who had invested in the project ‘Capella' in Uniworld City in Greater Noida.

Acting on the complaint filed by Abhishek and Mani Agarwal, residents of Gurugram, the consumer commission has asked the real estate giant to refund Rs 53,73,561 within three months along with a compensation of simple interest at 10 per cent per annum, stated a report published in The Economic Times.

The Agarwals had filed a complaint after the possession of their apartment was delayed by more than seven years.

Presiding Member of the Commission Justice VK Jain said, “Refund the entire principal amount of Rs 53,73,561 to the complainants along with compensation in the form of simple interest at 10 per cent per annum with effect from the date of each payment till the date of full refund.”

Unitech has also been directed to pay Rs 25,000 as litigation cost to the home buyers.

The complainants had booked a flat in the project 'Capella' in Uniworld City, which was to be developed in Greater Noida by Unitech Reliable Projects Limited. The apartment was to be delivered by November 30, 2011, stated the allotment letter.

Later, their allotment was shifted to another project, Unitech Verve, the possession of which was promised within 15 months (by June 29, 2012).

Even after repeated complaints to the developer, the home buyers had not received the possession of their apartment. Fed up with the delay of more than seven years, the Agarwals had decided to file a complaint.

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