Tag: National Consumer Disputes Redressal Commission

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Supreme Court: Homebuyers Can Seek Relief for Possession Delays

NEW DELHI: Homebuyers can raise complaints regarding deficiencies in services even after taking possession of a flat, as per a ruling by the Supreme Court. The court affirmed that homebuyers have the right to approach consumer forums for compensation related to delayed possession, irrespective of having already received the flat. The Supreme Court overturned a decision by the National Consumer Disputes Redressal Commission (NCDRC), which had stated that a homebuyer loses consumer status upon receiving possession and therefore cannot claim compensation for delays. The court clarified that any arbitration clause in the agreement will not prevent homebuyers from seeking resolutions…

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Bombay HC gives NCDRC 60 days to rule on DB Ozone case

MUMBAI: Over 3,000 families residing in DB Ozone, Dahisar East, may finally see progress in their prolonged pursuit of an occupancy certificate (OC) following a Bombay High Court directive to the National Consumer Disputes Redressal Commission (NCDRC) to fast-track hearings and deliver a timely judgment. During a hearing on June 9, the High Court instructed the NCDRC to hold a formal hearing within 30 days and issue its final judgment within 60 days. This ruling has stirred hope among the residents who have been in limbo for more than 12 years after taking fit-out possession of their flats over a…

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SC Orders Builder to Refund Over ₹43 Lakh with 18% Interest

Supreme Court of India NEW DELHI: On Wednesday, the Supreme Court instructed a real estate firm to refund over Rs 43 lakh to a plot buyer, along with 18 percent interest. The apex court increased the compensation rate ordered by the National Consumer Disputes Redressal Commission (NCDRC) which was set at 9 percent on the same amount payable by M/s Business Park Town Planners Ltd. A bench consisting of Justices Dipankar Datta and Augustine George Masih partially granted the appeal made by Rajnish Sharma against the firm. Sharma claimed delays, unfair charges, and harassment related to a plot booking made…