Hi to all investors in Landmarkthemall, Sector 66, Gurgaon.

I had invested all my life’s saving in this mall. The builder has turned turtle and does not even respond to my requests for a meeting or refund.

We can together set things right. 

The Delhi Consumer Commission has directed real estate major Ansal Properties and Industries Ltd to pay a flat applicant Rs 55 lakh, including Rs 30 lakh advance received by it, for denying him possession of his dream home for over a decade.

“Ansal Properties and Industries Ltd have unjustifiably retained the amount of Rs 30 lakh or so for a long 10 years without having refunded the same to the complainant,” Commission president Justice J D Kapoor said, holding the construction company guilty for “deficiency in service.”

Slapping a fine of Rs 25 lakh on the company, the Commission came down heavily on it for denying the flat’s possession to Satish Prasad, a south Delhi resident, on account of non-payment of conversion charges of Rs 70,950.

Justice Kapoor rejected the defence claim that the delay in handing over the possession of the flat, to come up in Palam Vihar in Gurgaon, was caused due to certain “circumstances beyond its control.”

“The complainant has suffered immensely not only by way of loss as to the market value of the flat, which at present may be running into crores of rupees and but also having been deprived of it,” the commission noted.

Prasad had booked a flat with the company in the Celebrity Homes Complex in Gurgaon in January, 1996 and paid Rs 30.28 lakh as advance.

However, the flat could not be delivered within three-and-half-years as promised by the company, forcing Prasad to seek drag the company to the consumer court.

Source: Indianrealtynews