Regulatory

Builder scraps commercial complex in Ghaziabad, told to repay buyer booking fee

GHAZIABAD: District Consumer Disputes Redressal Commission (DCDRC) has directed a real estate developer to pay Rs 6.5 lakh to a buyer who booked a shop in a commercial complex being developed by the firm in 2014 but later cancelled it when the project was scrapped. Airwil Developers Private Limited, a private builder, had proposed a commercial complex, Airwil Wow, in Mohan Nagar and had collected advance payments from buyers for shops. Complainant Suchitra Mahant, a Sahibabad resident, had purchased a shop in the complex and paid around Rs 13 lakh as booking amount on Feb 27, 2015. The total cost…