Friday, May 17, 2019

Flat possession delayed? Claim refund after a year

Judicial forums, including the SC and consumer courts, have repeatedly held that homebuyers cannot be made to wait indefinitely, but it was not clarified when a refund can be claimed in case of delay. Now, the National Consumer Disputes Redressal Commission has held that buyers can seek a refund if possession is delayed by one year beyond the date promised by the builder.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News http://bit.ly/2W1sMpb

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