NCDRC on DLF Panchkula project - Real estate
The apex consumer commission on Tuesday slapped a penalty of 12% per annum on real estate major DLF Ltd to be given to 50 buyers for delaying giving possession of their flats in its Panchkula project in Haryana, saying it amounted to “cheating”.
The National Consumer Disputes Redressal Commission (NCDRC) directed the firm to hand over the apartments to buyers as per a list proposed by DLF for scheduled possession, failing which it will have to pay a penalty of Rs.5,000 per flat per day to the buyers till the project is completed.
The bench noted that the firm had to give the possession of the property within three years including the grace period from the date of letter of allotment till possession was to be given by 2013. After this, it will have to pay interest till the period it has now proposed before the commission, it said.
If the flats are not given till the period now proposed by the firm, it will carry a penalty of Rs.5,000 per day till its possession, it said. The bench asked the builder to pay Rs.30,000 compensation each to all the 50 complainants for harassment and anguish.
The commission also imposed compensation in the sum of Rs.30,000 to each of the allottee/complainant, towards litigation charges, anger, harassment, anguish, mental agony, frustration and sadness.
According to the complaints, the complainants had applied for flats at DLF Valley, Panchkula in 2010, and later entered into a contract with the firm. The flats were to be given within 24 months from the date of allotment of provisional allotment letters. However, the flats were not delivered by the firm and the buyers approached the NCDRC this year. more
The National Consumer Disputes Redressal Commission (NCDRC) directed the firm to hand over the apartments to buyers as per a list proposed by DLF for scheduled possession, failing which it will have to pay a penalty of Rs.5,000 per flat per day to the buyers till the project is completed.
The bench noted that the firm had to give the possession of the property within three years including the grace period from the date of letter of allotment till possession was to be given by 2013. After this, it will have to pay interest till the period it has now proposed before the commission, it said.
If the flats are not given till the period now proposed by the firm, it will carry a penalty of Rs.5,000 per day till its possession, it said. The bench asked the builder to pay Rs.30,000 compensation each to all the 50 complainants for harassment and anguish.
The commission also imposed compensation in the sum of Rs.30,000 to each of the allottee/complainant, towards litigation charges, anger, harassment, anguish, mental agony, frustration and sadness.
According to the complaints, the complainants had applied for flats at DLF Valley, Panchkula in 2010, and later entered into a contract with the firm. The flats were to be given within 24 months from the date of allotment of provisional allotment letters. However, the flats were not delivered by the firm and the buyers approached the NCDRC this year. more
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There should be stringent rule for builders for timely delivery, maintenance and support to the local society. Government should not only expect tax, without extending any support. more
Jun 23
Thank you very much. Lets support the Modi Government by awakening people and making this demand from every nook and corner so that the Government can say it is the demand of Nation so we have to bow down and allow it otherwise the Oil Producing Nations will pressurize the Government not to allow it. After all it will affect their economy. For Information on Su jok Therapy please visit - http://www.lionsactiontv.com, Health is Wealth.Learn "Art & Science of Self Healing" and keep yourself Healthy.Videos URL http://www.youtube.com/lionsclubsujokhttp://www.youtube.com/watch?v=1im0i18HGfo, On Thursday, June 9, 2016 4:23 PM, Arun Patro wrote: more
Jun 20
An illustrative move by the Commission which will certainly have an effect on the activities of other builders & developers and their evil designs of duping the prospective buyers. An exemplary decision, which will go a long way in safe guarding the buyers' interests. more
Jun 17
The buyers had been at the mercy of builders for more than 15 years and had suffered a lot. Now the consumer courts had come to the rescue of hapless buyers. The Govt. should have acted more than 10 years back but the Executive has left everything to the judiciary. Our 'honourable' MPs & MLAs keep on fighting with each other throughout the year and getting huge salary, perks, privileges and pensions. Nothing is related to performance & accountability. The democracy is being fully misused by this class of people. more
Jun 09
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Jun 09
