consumer court judgements against builders


I bought a flat in Jaypee WishTown, Noida. The possession of my flat is delayed. I want to know some important judgments in this regard.

Answer

Consumer courts have passed strict orders and imposed massive penalties if the builder delays the project.  
For instance, courts have awarded exemplary compensation like 65 lakhs along with 18% interest as compensation in the matter of Unitech, Jaypee group was penalized with 12% annual penalty with respect to its NOIDA project.
 


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