08:57
A real estate firm has been directed by the apex consumer commission to pay Rs 4.77 crore to seven consumers for "huge delay" in handing over apartments to them noting that the builder had attempted to make profit at the cost of others.
The National Consumer Disputes Redressal Commission bench presided by Justice J M Malik noted that the apartments booked nine years ago in Greater Noida were yet to be delivered by Unitech Reliable Projects Pvt Ltd and asked it to pay Rs 4,77,58,658 with 18 per cent interest to the seven consumers.
"There is a magic in that little word 'home'. It is a mystic circle and surrounds comforts and virtues, never known beyond its hollowed limits. However, customers are exasperated by senseless delay made by the Builder of a colony," the commission said.
Read Full Story: Real estate firm directed to pay Rs 4.77 cr for 'huge delay'
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