Home buyer can't be expected to wait indefinitely, says NCDRC

Image
Press Trust of India New Delhi
Last Updated : Jul 24 2017 | 3:07 PM IST
The apex consumer commission has asked a real estate firm to refund over Rs 49 lakh to a home buyer for delay in handing over possession of a property saying a buyer cannot be expected to wait indefinitely.
The National Consumer Disputes Redressal Commission (NCDRC) has asked Unitech Ltd to refund Rs 49,96,220 along with a cost of Rs 10,000 to south Delhi resident Sarwan Kumar after noting that the firm is not in a position to offer the possession.
The commission also held the firm guilty of deficient service and unfair trade practice as even after receiving more than 100 per cent of the consideration amount, the firm failed to deliver possession.
"It cannot be disputed that the opposite party (firm) has failed to deliver possession of the apartment even eight years after the expiry of stipulated date.
"Thus, in our view, this is a case of the opposite party not being in a position to offer possession of the apartment as the allottee cannot be expected to wait for possession of the apartment for indefinite period," a bench headed by the commission's presiding member Ajit Bharihoke said.
According to the complaint filed by Kumar, he had booked an apartment on the 15th floor of a group housing development project Unitech Horizon at Alistonia Estate in Greater Noida for which he had paid Rs 49,96,220.
The complaint alleged that the firm failed to adhere to the timeline for delivery and could not give the possession even after eight years of the stipulated date.
While holding the firm guilty, the commission said, "In absence of any explanation for failure to comply with the stipulation of deliver of possession, we have no hesitation in concluding that the opposite party has committed deficiency in service as also has indulged in unfair trade practice."
The firm, however, failed to file the reply and the commission considered the allegations against it as correct.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jul 24 2017 | 3:07 PM IST

Next Story