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…