Chhattisgarh: Builder Must Buy Back Plot at Double Price
RAIPUR: The Chhattisgarh State Consumer Disputes Redressal Commission has directed a builder to repurchase a plot from a consumer at twice its original price, citing unfair trade practices and service deficiencies. In 2015, Dayawati Chauhan acquired a 1,000 sq ft plot through a registered agreement with the builder, which included a buyback clause. This clause stipulated that if she sought to resell the plot after five to five-and-a-half years, the builder would repurchase it at double the purchase price. After the designated period, Chauhan requested the builder to honor the buyback clause, but her request was turned down. Initially, she…
