SC asks Unitech to pay compensation to 39 home buyers
By Team Legistify / 2017-09-21

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The Supreme Court today directed embattled real estate firm Unitech Residential Resorts Ltd to pay Rs 80,000 each as compensation to 39 home buyers towards litigation cost and causing harassment to them.

A bench comprising Chief Justice Dipak Misra and Justices Amitava Roy and A M Khanwilkar disposed of the appeal filed by the real estate company against the order of the National Consumer Disputes Redressal Commission (NCDRC) and asked it to pay the cost within eight weeks to the home buyers.The 39 home buyers had booked flats in Unitech’s Vista housing project in Gurugram and had sought a refund of their principal amount, totalling Rs 16.55 crore with interest, after the developer, which had promised to give them possession by 2012, delayed it.

Picture Courtesy- HindustanTimes

The court modified the NCDRC’s order on the issue of compensation and awarded the compensation of Rs 80,000, besides the refund of the money invested by the home buyers who had said that they did not want the flats.


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