22 July 2024


SC: Flat Buyers Entitled to Compensation for Gross Delay by Builders in Handing Over Possession - 25.08.2020

Supreme Court has observed that failure of the developer to comply with the contractual obligation to provide the flat to a flat purchaser within a contractually stipulated period amounts to a 'deficiency'. In cases where there is a gross delay, the jurisdiction of the consumer forum to award just and reasonable compensation is not constrained by the terms of a rate in builders agreement.

Tags : Supreme Court Compensation for Gross Delay

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