Valuation claim must be backed by evidence

The National Commission observed that even though the builder had disputed Naik's valuation, the latter had failed to produce any evidence to support his valuation claim

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Jehangir B Gai
Narasinha Manjanath Naik was the owner of a 230 square feet (sq. ft) flat in Building No. 15 at Shastri Nagar in Goregaon, Mumbai. The building had 32 flats. Its owners formed the Shastri Nagar Namrata Co-operative Housing Society (CHS) and transferred their rights in the flats to the society. Each owner was allotted five shares in the society.

When the building became old and uninhabitable, the society decided to opt for redevelopment. The project was entrusted to Sunil Shah, HUF (Hindu Undivided Family), as proprietor of Ayyappa Construction Co. According to the memorandum of understanding (MOU) executed between the builder
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First Published: Oct 30 2022 | 10:38 PM IST

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