April 20, 2024 09:45 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
'Had mangoes only three thrice, sweets 6 times in jail': Arvind Kejriwal counters ED claims in court | 'Opposition got donations through bonds, is that extortion as well?' Amit Shah slams Rahul Gandhi | Millions of Indians vote in the biggest phase of Lok Sabha polls, 60.03 pct turnout recorded | India votes in first phase of Lok Sabha elections, approximately 60 percent voting recorded across 102 seats till 5pm | Maldives opposition demands President Muizzu's impeachment over leaked reports alleging corruption by him
Supreme Court orders Unitech to pay litigation cost to Gurugram Vista Project flat buyers

Supreme Court orders Unitech to pay litigation cost to Gurugram Vista Project flat buyers

India Blooms News Service | @indiablooms | 20 Sep 2017, 02:04 pm
New Delhi, Sep 20 (IBNS): The Supreme Court, on Wednesday, awarded compensation for litigation cost to 39 flat buyers of Unitech's Vistas Project in Gurugram, according to media reports.

Each flat buyer is to receive Rs 80,000 towards cost of litigation.

According to media reports, the flat buyers were paid the principal sum and 14 per cent interest by Unitech following an earlier order by the apex court.

Unitech was supposed to hand over the Gurugram Vistas Project flats in 2012, media reported.

After Unitech failed to deliver, the disgruntled buyers approached the National Consumer Disputes Redressal Commission.

NCDRC ordered Unitech to pay the principal with an interest of 18 per cent, media reported.

Unitech approached the SC against the consumer forum's order.

Meanwhile, in April this year,  promoters Sanjay Chandra and Ajay Chandra were arrested by the Economic Offences Wing (EOW) of the Delhi Police, reports said.

The apex court last Friday refused to grant interim bail to the jailed promoters Sanjay Chandra and Ajay Chandra and said their pleas will beconsidered only after the data of homebuyers seeking refund is collated. media reported.

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.