After waiting in vain for a decade for his home to be ready, Sanjay Arora can finally look forward to a sum of Rs. 60 lakh, together with a substantial interest, if not the flat itself.

The National Consumer Disputes Redressal Commission (NCDRC) has asked real estate major Unitech to pay Arora the sum, with 18 per cent interest per annum from the date on which Arora had deposited the sum with Unitech.

The builder is already facing several such demands, including a joint claim by 144 disgruntled customers.

The Apex Consumer Court, which held that the real estate firm had “ruined the life” of the complainant by demanding interest on delayed payment, when there was no progress on the project, has also awarded Arora a sum of Rs. 1 lakh as compensation and litigation charges. (Arora had fallen ill and had to be hospitalized several times since he booked the flat.

Source: http://www.millenniumpost.in


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