Latest StoriesRegulatory

12-Year Housing Project Stalled: Refund Ordered for Buyers

NOIDA: The District Consumer Disputes Redressal Commission (DCDRC) has ordered the Yamuna Expressway Industrial Development Authority (YEIDA) to refund ₹2.8 lakh to a flat buyer, with an annual interest rate of 6%, due to the Authority’s failure to deliver a flat as promised in its 2014 housing scheme. Buyer Omveer Singh filed a complaint after the Yamunotri Housing Scheme failed to launch, and he never received possession of his assigned flat. Singh claimed he applied to the scheme on November 28, 2014, and was allotted an 880 square foot, 2BHK flat in Greater Noida’s Sector 22A, having paid a registration…

Latest StoriesRegulatory

Consumer panel orders Ansal Hi-Tech to refund homebuyer after 12 years

NOIDA: The District Consumer Commission has ruled that Ansal Hi-Tech Townships Limited, based in Greater Noida, must refund a homebuyer who booked a flat in 2014. Despite paying numerous instalments over the years and receiving an allotment letter, he never acquired possession of the property. Sanjay Agrawal, a resident of Sector 22, booked a flat in Ansal’s A2 Sushant Megapolis project in Greater Noida. He initially paid a registration fee of ₹250 in March 2014, followed by a booking fee of ₹15,000 and additional instalments totaling ₹1 lakh against a total flat price of ₹3.25 lakh. An allotment letter was…