A former non-resident Indian (NRI) living in Hyderabad, who had paid developers to buy and develop a land parcel in Karnataka, received relief from the Telangana State Consumer Disputes Redressal Commission (TSCDRC). The commission directed the developers to refund ₹37.70 lakh and pay a compensation of ₹1 lakh.
The TSCDRC, with in-charge president Meena Ramanathan and member-judicial K. Ranga Rao, was dealing with a complaint filed by Marneedi Sreenivasa Rao. The opposite parties (OP) were Saripalli Vivekananda Kumar Raju, Dasari Sreenadha Rao, VEGE Realtors & Building, S. Sudhakar Reddy and Y. Raghava Rao.
The complainant said he entered into an agreement with the OP to buy and develop a 10-gunta land parcel in Shettarahalli, Karnataka. He later bought another acre from the same survey number and made a payment. He said the developers told him the land would be developed quickly, but they did not do so. He then sent the developers a legal notice, but they did not respond.
