NCDRC ordered Unitech Limited to Refund Rs 1.7crores to a home-buyer.

By Abhay Harish Shah , Realty Quarter

The new rules for real estate have made relief for all home buyers. There are so many acts, norms, rules & regulation which support the hard earned money of a buyer. A similar case happened in Gurugram in which NCDRC ordered Unitech Limited to refund Rs 1.7crores to a home buyer along with 10% simple interest per annum compensation. National Consumer Disputes Redressal Commission (NCDRC) charged Unitech Limited for a 2-year delay in handing over possession of a property in Gurugram.

The apex consumer’s commission requested the company to reimburse the Gurugram residents, Amal and Minakshi Ganguli, for a delay of over two years in the delivery of the possession and to refund within 3 months Rs 1.77,95,300 also to pay compensation of simple interest by 10% annually.

The Gangulis had booked the flat on 24th March 2014 for which Unitech Limited promised to give possession by 21st March 2017. The apartment was booked with Unitech Limited in its ‘The Exquisite project in Nirvana Country 2 which was to be developed in Gurugram. As the real estate dominator failed to give the possession even after 2 years of delay, Gauli filed a complaint against them.