Builder ordered to refund buyer who paid Rs 25 lakh in 1995 but got no property

AI Summary

A Maharashtra consumer commission ordered a refund of Rs 25 lakh to a buyer for 11 commercial shops never delivered since 1995. The commission ruled the developer guilty of deficiency in service and unfair trade practice, awarding additional compensation for mental agony and litigation costs.

A Maharashtra consumer commission has ordered a developer to refund Rs 25 lakh collected in 1995 for 11 commercial units that were never built. The buyer, who intended to use the shops for his business, waited over three decades for possession. The commission found the builder guilty of deficiency in service and unfair trade practice, awarding the buyer Rs 2 lakh for mental agony and Rs 25,000 for litigation costs.