The apex consumer commission has asked real estate firm Unitech Ltd to refund over ₹41 lakh to a buyer, who had booked a property in one of its projects, saying the realtor had indulged in unfair trade practice.
The National Consumer Disputes Redressal Commission (NCDRC) has asked the company to refund ₹41,15,320, to Haryana resident D K Mathur, saying “the allottee cannot be expected to wait for possession of the apartment for an indefinite period”.
It also noted that the firm was not in a position to hand over the possession of the apartment.
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The Bench headed by Presiding Member Ajit Bharihoke also awarded ₹10,000 as litigation cost to Mathur and said that the firm had failed to hand over the possession even after eight years of promised delivery date.