Refund money to buyer, consumer panel tells DLF

Delhi | Wednesday | 16th August, 2017

Summary:

more-inThe National Consumer Disputes Redressal Commission (NCDRC) has directed DLF Utilities Limited to refund the entire amount invested by a buyer who was compensated with an irregular plot by the real estate company. The developer, instead of allotting the promised plot, allotted him an irregular plot, which was unacceptable to the complainant. Mr.

Gupta said he was unable to pay the excess amount and sought for allotment of the original plot size or a refund of the amount paid by him. ”Full compensationAs compensation, the commission directed DLF Utilities Limited to refund the entire amount invested by the buyer, around ?1.39 crore, and an additional ?10,000 as cost of litigation. “When a builder undertakes an endeavour to offer possession within a specified period, the possession ought to be offered within that period, unless it is prevented by sufficient cause from making such an offer..