Consumer Issues
Buyer to get Rs.52 lakh over delay in getting flat
A flat buyer will get Rs.52 lakh as cost from a builder in Kochi, Kerala, for not handing over on schedule the possession of a flat that the man had booked and had paid Rs.71 lakh as its price.
 
The decks were cleared for Jayan to get Rs.52 lakh as the Supreme Court's vacation bench of Justice Prafulla C. Pant and Justice Amitava Roy dismissed the builder's plea against the National Consumer Dispute Redressal Commission's order directing him to pay a punitive cost of Rs.52 lakh at the rate of 12 percent per annum from March 2009.
 
The court dismissed the builder's plea, observing that it was just interest on the amount the buyer paid for the flat he has not got till date.
 
Senior counsel Abhishek Manu Singhvi, appearing for the petitioner builder, argued that the NCDRC awarding Rs.52 lakh amounted to rewriting the terms of the contract, which according to the earlier verdict of the apex court was not permissible.
 
Singhvi said the NCDRC had no jurisdiction to pass such an order and the cost imposed was 74 percent of the total cost of the flat coupled with other penalties.
 
He said the builder was willing to hand over possession of the flat.
 
The unimpressed court declined to accept any of the pleas and dismissed the petition by the builder.
 
In another matter, where the flat owner has not been handed over possession, the court observed: "You take money from the flat buyer. They invest their hard-earned money. You don't give them flat and they suffer."

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COMMENTS

TIHARwale

2 years ago

DDA during JagMohan IAS was best. Draws and flat allotments went as per schedule. Anyone having seen Janakpuri will vouch for quality of construction and planned development of Janakpuri in 1970-75. But very same JagMohan was hounded by JanSangh and later made Minister by Vajpayee of Urban Development but corrupt Pramod Mahajan succeeded in getting him moved out of MUD.

ramchandran vishwanathan

2 years ago

All congress men are busy in their professions!!!
Will be interesting to see how much was actually spent (money & time) by both the parties for this litigation.
Hope more buyers take initiative in fighting for their rights

Simple Indian

2 years ago

With poor regulation of real estate sector in India, thousands of home-buyers are conned by unscrupulous developers collecting money from buyers for one project, but diverting it to another project which is more profitable for the developer. Delays in possession is commonplace across India. Wish we had a strong Real Estate Regulator ensuring timely possession for buyers, as most buyers live on rented apartments and have to bear the burden of rent & payments / EMIs on new house yet to be handed over to them.

Rains give respite from heat wave in Andhra, Telangana
Pre-monsoon rains provided some respite from the blistering heat wave in Andhra Pradesh and Telangana, where more than 2,200 people died in last two weeks.
 
Parts of the two Telugu states received rains since Sunday night, slightly bringing down the temperatures.
 
However, the heat wave conditions continued in Telangana with almost all towns recording maximum temperature of over 40 degrees.
 
Showers and thunderstorms lashed parts of Andhra Pradesh. Several parts of Rayalaseema and few areas in coastal Andhra Pradesh received rains.
 
Rains in Anantapur district damaged vegetable crops while strong winds in Kurnool district uprooted electricity poles, disrupting power supply. West Goadavari and Krishna districts also received rainfall.
 
According to Hyderabad Meteorological Centre, heat wave conditions prevailed in Guntur district in south coastal Andhra. Jangamaheshwarapuram in Guntur district recorded the maximum temperature of 45 degree Celsius.
 
The Met office said heat wave conditions prevailed over some parts in the districts of Adilabad, Nizamabad, Warangal, Rangareddy, Hyderabad and Mahabubnagar of Telangana.
 
The maximum temperature in Adilabad and Nizamabad was 46 degree Celsius. Hanamkonda was next hottest at 45 degrees. The temperature in Nalgonda and Ramagundam was 44 and was 43 in Hyderabad, Mahabubnagar and Medak.
 
The high temperatures were despite rains in parts of Telangana. Some areas in Warangal, Adilabad, Mahabubnagar and Karimnagar received two to eight cm rainfall.
 
The heat wave claimed 2,219 lives in the two states during last two weeks. Andhra Pradesh accounted for 1,677 deaths while 542 people died of sunstroke in Telangana.
 

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Bank furnishes details of Trinamool accounts to CBI
A city branch of a nationalised bank on Monday furnished to the CBI documents giving details of several accounts West Bengal's ruling Trinamool Congress maintains with it.
 
The Central Bureau of Investigation (CBI), probing the multi-crore-rupee Saradha scam, last week sent notice to the bank seeking details of the accounts, including the quantum of funds maintained in these accounts as well the sources from which they came.
 
In pursuance of the notice, an official of the bank on Monday furnished the required details.
 
"Today an official of the bank submitted documents related to the accounts," said a CBI official.
 
The Trinamool in April had furnished details of the party's accounts since 2010 to the CBI after the agency sought the relevant details. 
 
Opposition parties -- CPI-M, BJP and the Congress -- have been accusing the state's ruling party of receiving unaccounted donations from unscrupulous sources.
 
The Trinamool accused the BJP-led central government of harassment.
 
"Big parties and leaders amass billions, little guys get the questions. Before questioning us, question yourselves and your daylight dacoity to fund your multi-billion-dollar election campaign. Trinamool accounts are transparent, nothing to hide," Trinamool Rajya Sabha member Derek O'Brien said on last week after the CBI notice was issued to the bank.

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