{"id":168384,"date":"2017-11-13T16:29:04","date_gmt":"2017-11-13T10:59:04","guid":{"rendered":"http:\/\/www.scconline.com\/blog\/?p=168384"},"modified":"2017-11-22T18:15:40","modified_gmt":"2017-11-22T12:45:40","slug":"builder-not-position-deliver-possession-property-long-time-pay-back-buyer-interest","status":"publish","type":"post","link":"https:\/\/www.scconline.com\/blog\/post\/2017\/11\/13\/builder-not-position-deliver-possession-property-long-time-pay-back-buyer-interest\/","title":{"rendered":"Builder not in a position to deliver possession of property for long time has to pay back the buyer with interest"},"content":{"rendered":"

National Consumer Disputes Redressal Commission:<\/strong> The complainant in a recent case before NCRDC had complained that a sales representative of the Unitech Ltd. approached him in 2006 to purchase a residential apartment in a new project of the respondent to be developed in Noida, UP. The complainant alleged that he was lured by the promises of the representative that the flat would be handed over to him within 36 months and in consequence, applied for the allotment of an apartment by entering into a builder-buyer agreement with the respondent.<\/p>\n

The case of the complainant is that the opposite party has failed to complete the construction and deliver possession of the apartment after expiry of stipulated date of delivery of possession and has affidavit to support allegations made in the complaint. The Commission after going through all the allegations and all documents and agreements, concluded that it was not just a case of delay on part of builder to deliver possession, but a case in which builder was not in a position to offer possession of the apartment at all.<\/p>\n

Thereafter, the Bench comprising Mr. Ajit Bharihoke (Presiding Member) and Mr. Anup K. Thakur (Member) directed refund of the amount paid by the complainant with simple interest of 10% per annum and observed that in such a case where builder is not in a position to deliver possession of the apartment even after 8 years, it would be wrong to expect to wait for possession of apartment for an indefinite period. [Shalini Lanbah v. M\/s Unitech Ltd.,\u00a0 2017 SCC OnLine NCDRC 525<\/a>, decided on 05.10.2017]<\/p>\n","protected":false},"excerpt":{"rendered":"

National Consumer Disputes Redressal Commission: The complainant in a recent case before NCRDC had complained that a sales representative of the Unitech <\/p>\n","protected":false},"author":91,"featured_media":199533,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3,11],"tags":[12031,2634,24834],"class_list":["post-168384","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-casebriefs","category-tribunals_commissions_regulatorybodies","tag-delay-in-delivery","tag-possession","tag-residential-apartment"],"yoast_head":"\nBuilder not in a position to deliver possession of property for long time has to pay back the buyer with interest | SCC Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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awarded compound interest 15% p.a. under erstwhile MRTP Act to the victim of Unfair Trade Practice by builder, prayer for delivery of possession rejected","author":"Sucheta","date":"August 14, 2015","format":false,"excerpt":"Competition Appellate Tribunal: Deciding a transferred case under the erstwhile MRTP Act, 1969, the Competition Appellate Tribunal held that the delay in delivery of possession of constructed apartment by the builder and non-disclosure of progress of construction to the buyer amount to unfair trade practice under section 36-A (1); of\u2026","rel":"","context":"In "Tribunals\/Commissions\/Regulatory Bodies"","block_context":{"text":"Tribunals\/Commissions\/Regulatory 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Significance of indulging in commercial activities by buying and selling property: Explained","author":"Bhumika Indulia","date":"November 8, 2021","format":false,"excerpt":"National Consumer Disputes Redressal Commission (NCDRC): \u00a0\u00a0Coram of Justice Deepa Sharma (Presiding Member) and Subhash Chandra (Member)directed a full refund of the principal amount along with interest, due to failure of delivering timely possession of an apartment purchased by the complainant. Facts in a nutshell Complainant had booked an apartment\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"National Consumer Disputes Redressal Commission","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":256639,"url":"https:\/\/www.scconline.com\/blog\/post\/2021\/11\/02\/law-on-builder-buyer-dispute\/","url_meta":{"origin":168384,"position":2},"title":"Law on Builder-Buyer Dispute | 9-years delay in delivering possession of apartment: Read NCDRC\u2019s decision on refund and interest","author":"Bhumika Indulia","date":"November 2, 2021","format":false,"excerpt":"Can Buyer be asked to wait indefinitely for possession of flat even after 9-years of delay?","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"National Consumer Disputes Redressal Commission","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":232586,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/07\/21\/ncdrc-builder-directed-to-deliver-peaceful-and-vacant-possession-of-flat-to-complainant-no-third-party-interest-in-flat-till-consumer-dispute-decided-by-state-commission\/","url_meta":{"origin":168384,"position":3},"title":"NCDRC | Builder directed to deliver peaceful and vacant possession of flat to complainant; No third party interest in flat till consumer dispute decided by State Commission","author":"Editor","date":"July 21, 2020","format":false,"excerpt":"National Consumer Disputes Redressal Commission (NCDRC): The Bench of Justice V.K. Jain (Presiding Member) while deciding the issues revolving around purchase of a residential flat, rejected the instant appeal preferred by Magnolia Infrastructure, after being aggrieved by the Order passed by the State Commission to hand over the constructed property\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"National Consumer Disputes Redressal Commission","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":222197,"url":"https:\/\/www.scconline.com\/blog\/post\/2019\/11\/16\/ncdrc-in-case-of-unreasonable-delay-in-offering-possession-of-allotted-flat-consumer-entitled-to-seek-refund-of-amount-paid-with-compensation\/","url_meta":{"origin":168384,"position":4},"title":"NCDRC | In case of unreasonable delay in offering possession of allotted flat, consumer entitled to seek refund of amount paid with compensation","author":"Bhumika Indulia","date":"November 16, 2019","format":false,"excerpt":"National Consumer Disputes Redressal Commission (NCDRC): Justice V.K. Jain (Presiding Member), while disposing of a complaint, directed the builder to refund the amount paid by consumer along with compensation due to failure in offering the possession of the residential apartment with respect to the agreed agreement between the parties. The\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"National Consumer Disputes Redressal Commission","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]},{"id":237728,"url":"https:\/\/www.scconline.com\/blog\/post\/2020\/10\/20\/ncdrc-builder-has-to-mention-the-date-of-delivery-of-possession-in-agreement-homebuyer-cannot-be-made-to-wait-for-possession-indefinietly\/","url_meta":{"origin":168384,"position":5},"title":"NCDRC | Builder has to mention the date of delivery of possession in agreement & failure to do so will be read against builder; Homebuyer cannot be made to wait for possession indefinitely","author":"Bhumika Indulia","date":"October 20, 2020","format":false,"excerpt":"National Consumer Disputes Redressal Commission (NCDRC):\u00a0\u00a0A Division Bench of Dr S.M. Kantikar (Presiding Member) and Dinesh Singh (Member) held that, a homebuyer cannot be made to wait indefinitely for possession. The instant appeal was preferred by the appellant under Section 19 of the Consumer Protection Act, 1986 against the Order\u2026","rel":"","context":"In "Case Briefs"","block_context":{"text":"Case Briefs","link":"https:\/\/www.scconline.com\/blog\/post\/category\/casebriefs\/"},"img":{"alt_text":"National Consumer Disputes Redressal Commission","src":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/www.scconline.com\/blog\/wp-content\/uploads\/2018\/08\/NCDRC_.jpg?resize=1050%2C600&ssl=1 3x"},"classes":[]}],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/168384","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/users\/91"}],"replies":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/comments?post=168384"}],"version-history":[{"count":0,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/posts\/168384\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media\/199533"}],"wp:attachment":[{"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/media?parent=168384"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/categories?post=168384"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.scconline.com\/blog\/wp-json\/wp\/v2\/tags?post=168384"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}