HomeLatestGurugram Forum Orders Deluris Buildtech to Compensate Buyer for Delay in Flat...

Gurugram Forum Orders Deluris Buildtech to Compensate Buyer for Delay in Flat Handover

the Gurugram District Consumer Forum has ordered Deluris Buildtech India Pvt Ltd to compensate a homebuyer for the delay in handing over a flat in its Zara Rossa project located in Sector 112. The buyer, Nitin Gupta, had booked a 590 sqft flat in November 2017 for ₹22.8 lakh, with possession promised by November 2021. However, the flat was not delivered on time, and the delay has led to significant financial losses for Gupta, who continues to pay rent and housing loan interest.

The forum applied the “principle of parity,” stating that if buyers are penalized for delayed payments, developers must also compensate for delays in possession. The forum directed Deluris Buildtech to pay interest on the amount deposited by Gupta at the rate of 9% per annum, starting from November 2021 until the actual possession of the flat, including a valid occupancy certificate. In addition to the interest, the developer was ordered to pay ₹1 lakh as compensation for mental harassment and financial losses, as well as ₹25,000 towards litigation fees.

Gupta’s case was backed by repeated notices from H-Rera, which had warned the developer about non-compliance with regulations. The forum noted that the developer’s repeated lapses demonstrated a disregard for the law, emphasizing the habitual delays in the builder’s past projects, such as the Zara Avaas project in Sector 107, which had also faced significant delays. While the builder argued that construction delays were due to unavoidable circumstances, the forum held the builder accountable for the inconvenience caused to the buyers. This ruling underscores the consumer’s right to timely delivery and fair compensation in case of delay, setting a precedent for future housing-related disputes in the region.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -spot_img

Most Popular

Recent Comments

India Green Steel Demand Shapes Cleaner Urban Growth

India Green Steel Demand Shapes Cleaner Urban Growth

India’s green steel market is entering a new phase as certified low-emission production expands faster than demand. An analysis by the Council on Energy,...
India REIT InvIT market eyes major expansion

India REIT InvIT market eyes major expansion

India’s market for Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) could expand two to three times by 2030, according to an...
Brookfield India REIT expands amid office demand

Brookfield India REIT expands amid office demand

Brookfield India Real Estate Trust began FY27 with higher operating income and stronger occupancy across its commercial portfolio, pointing to continued demand for institutional-grade...
India property demand steadies as launches slow

India property demand steadies as launches slow

India’s listed residential developers entered FY27 with softer booking numbers, but the slowdown appears linked more to project timing than a broad loss of...
Hyderabad office demand grows with GCC expansion

Hyderabad office demand grows with GCC expansion

Hyderabad’s commercial property market is absorbing another major corporate commitment, with Canadian banking group CIBC taking about 1.21 lakh sq ft of managed office...