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The Economic Times
The Economic Times
National

Bengaluru homebuyers paid Rs 1.15 crore, waited over 20 years without possession; builder ordered to pay Rs 1.51 crore including full refund with 9% interest

A group of homebuyers in Bengaluru has finally got relief after waiting more than twenty years for flats that were never handed over. The National Consumer Disputes Redressal Commission has ordered the builder, Gruha Kalyan Proprietorship Firm, to refund the entire amount paid by the buyers, with interest running from the date each payment was made.

The buyers, led by complainant Manjula Doma Roy Verghese along with eleven others, had together paid Rs 1,15,50,000 for flats in a project called Gruha Kalyan Erica. More than two decades after the project was launched, possession was still not given, pushing the buyers to approach the commission seeking their money back.

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