Gurgaon builder ordered to refund ₹1.73 crore with 12% interest
In short
A builder in Gurgaon was ordered to refund ₹1.73 crore with 12% interest after a buyer waited 10 years for a flat. The commission said it looked at the purchase and the long delay in giving possession.
This matters for the homebuyer because it may bring money back after a long wait. The report does not say who the builder is or whether the decision will be challenged.
What the reporting says
A builder in Gurgaon was ordered to refund ₹1.73 crore with 12% interest after a homebuyer waited a decade for a flat. The publisher summary says the commission considered the purchase circumstances and the prolonged failure to hand over possession. The reporting does not state the builder’s name, the commission involved, or whether the order has been appealed.
Why it matters
In Gurgaon, a builder has been ordered to refund ₹1.73 crore with 12% interest after a homebuyer waited a decade for possession of a flat. The summary says the commission considered the purchase circumstances and the prolonged failure to hand over the property. It does not identify the builder or say whether the order is final or under appeal.