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Raheja Developers to refund buyers for delaying Gurgaon project: Consumer court

As many as 30 homebuyers had filed a complaint against Raheja Developers Limited seeking refund of the entire amount collected from them towards consideration of the units along with interest on the ground of delay in construction of the project.

August 31, 2022 / 22:32 IST
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Representative image.
Representative image.

The National Consumer Disputes Redressal Commission (NCDRC) has directed real estate developer Raheja Developers to refund the amount paid by homebuyers along with interest for delaying its project Revanta located in Sector 78, Gurgaon.

“The opposite party is directed to refund the entire amount deposited by the respective complainants along with delay compensation at nine percent per annum on the deposited amount from the respective dates of deposits till realisation, within a period of two months of this Order. Any delay beyond two months will attract an interest rate of 12 percent per annum for the same period,” it said.

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The commission issued the order in three parts as different reliefs were sought by the homebuyers.

Dismissing another batch of complaints in the same case, the consumer court directed the builder to complete the construction of the units allotted to the buyers in all respects, obtain the requisite occupancy certificate at its own cost and responsibility and offer and give possession of the respective units within three months of the order along with a delay compensation at a rate of 8 percent from the proposed date of possession as per the respective agreements; this will include the grace period till the offer of possession or obtaining occupancy certificate, whichever is later.