Latest StoriesRegulatory

Ghaziabad: Builder Must Return Deed, Compensate Homebuyer

GHAZIABAD: The district consumer disputes redressal commission has partially upheld a complaint from an Indirapuram resident against the developers of Shipra Krishna Srishti. The commission found the builders liable for not providing the original registered sale deed of a flat to the lender as stipulated in a tripartite agreement. The commission has instructed the builders to deliver the original sale deed to HDFC and provide a photocopy to the complainant, Rajesh Bhalla, within 15 days. If they fail to comply, they must issue a public notice in two national dailies at their own expense, stating that the original deed for…

Latest StoriesRegulatory

Bank Fined by Consumer Forum for Losing Property Papers

GHAZIABAD: The District Consumer Disputes Redressal Commission (DCDRC) has ordered Noida Commercial Cooperative Bank to pay ₹25,000 in compensation for the mental distress caused by the loss of a customer’s original property documents. An additional ₹5,000 has been charged for litigation costs. The bank, which acknowledged misplacing several files during an office relocation in 2011, is also required to provide a certified duplicate of the petitioner’s property registration, ensuring no misuse of the lost original deed occurs. Ramesh Chandra Singh, a resident of Ghaziabad, sought the commission’s intervention to obtain his original property deed, which had been mortgaged for a…