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Important NCDRC judgement favouring consumer against DLF charging escalation cost, delayed possession

Postby jogen77 » Tue May 05, 2015 11:37 am

Hi friends,

Came across this important judgement by National Consumer Disputes Redressal Commission (NCDRC) in 2007 who awarded compensation to consumer for delayed possession, refund of escalation charges with interest of 12% p.a., and pay interest on amount deposited for registry/conveyance deed.

From the judgement -

(a) to refund the amount of Rs.4,02,617.69p. to the Complainant which is recovered on account of escalation cost, with interest at the rate of 12% p.a. [No doubt, the Complainant has claimed the refund with interest at the rate of 20%, because that was the rate at which the builder recovered from the Complainant for some delay in payment of instalment.];


(b) to pay Rs.1 lakh as compensation to the Complainant for delay in delivery of possession, as directed by the State Commission; and,

(c). to pay interest at the rate of 12% p.a. on the amount deposited by the Complainant for the execution of the Conveyance Deed, from the date of deposit till the date of conveyance of the deed.

The complete version is available online http://indiankanoon.org/doc/1221134/

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