World News1 min read

Builder forfeited homebuyers' earnest money after they questioned poor construction quality; HC orders Rs 18 lakh refund with 6% interest

Builder used coercive bargaining and paid Rs 18 lakh less as refund to homebuyers for cancellation of allotment under full and final settlement; HC rejects settlement and orders full refund with interest to homebuyers

T

The News Flicker

Builder forfeited homebuyers' earnest money after they questioned poor construction quality; HC orders Rs 18 lakh refund with 6% interest

Builder used coercive bargaining and paid Rs 18 lakh less as refund to homebuyers for cancellation of allotment under full and final settlement; HC rejects settlement and orders full refund with interest to homebuyers

The Delhi High Court recently provided relief to a family of homebuyers (Mr and Mrs Maheshwari) from Safdarjang, by directing the builder to refund Rs 18 lakh along with 6% annual interest. This amou…

Originally published by The Times of India. Read the full article →

More from World News