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SUPREME COURT HOLDS THAT FLAT BUYERS ARE ENTITLED TO BOTH REFUND AND COMPENSATION IN CASE OF DELAY IN HANDING OVER POSSESSION

The Three Judge Bench of the Hon’ble Supreme Court of India comprising of Justices Dr. Dhananjaya Y Chandrachud, Indu Malhotra and Indira Banerjee passed an Order dated 14-12-2020 in the case of DLF Home Developers Ltd. and Another v. Capital Greens Flat Buyers Association Etc. Etc. (Civil Appeal Nos. 3864-3889 of 2020) and held that an offer by the #Developer-Appellant to #refund the consideration amount of an #apartment shall not disentitle the #flatpurchasers from claiming #compensation for the inordinate #delay caused by the Developer in handing over the timely possession of the flat.


To read more, please visit the link below:


http://www.theindianlawyer.in/blog/2020/12/24/supreme-court-holds-that-flat-buyers-are-entitled-to-both-refund-and-compensation-in-case-of-delay-in-handing-over-possession/


#refund #compensation #delay #possession #builder #flatbuyer #supremecourt

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