Paid Rs 2.06 cr, got no flat; Court rejects builder’s delay argument, orders interest
Why This Matters
Key context: Two homebuyers filed a case against the builder. The dispute concerned an apartment for which they had signed the sale agreement in 2014, with possession due by June 30, 2017. The flat's consideration was Rs 1.95 crore. By the time of the complaint, the buyers had paid Rs 2.06 crore, including the consideration paid to the promoter, stamp duty, registration charges and applicable taxes. This development from timesofindia.indiatimes.com highlights ongoing changes in the sector.
Two homebuyers filed a case against the builder. The dispute concerned an apartment for which they had signed the sale agreement in 2014, with possession due by June 30, 2017. The flat's consideration was Rs 1.95 crore. By the time of the complaint, the buyers had paid Rs 2.06 crore, including the consideration paid to the promoter, stamp duty, registration charges and applicable taxes.
Curation & Context
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