Consumer panel slaps fine on Amritsar real estate developer

Amritsar, July 12

The State Consumer Disputes Redressal Commission has directed a local real estate developer to refund Rs27,20,000 to a local resident along with interest at the rate of 12 per cent per annum and Rs33,000 as litigation expenses.

Earlier, Dr Ranjit Singh had filed a complaint against Shubham Enclave developers stating that he paid around Rs27 lakh after booking a residential property in September 2012. He alleged that he was not given physical possession of the property despite repeated attempts. He added that the basic cost of the flat was fixed at Rs30,40,000.

The commission stated that possession was to be delivered within three year i.e. upto September 2015. Pahul Kanwar Singh said as the opposite parties refused to accept the notices issued by this commission, therefore it proceeded ex parte against them. — TNS