News
Unitech asked to pay over Rs 60 lakh for not giving possession on time


The apex consumer commission has directed real-estate firm Unitech Limited to pay over Rs 60 lakh to a Gurgaon resident for not giving him possession of an apartment booked a decade ago at Greater Noida.
According to a news agency report, the National Consumer Disputes Redressal Commission (NCDRC) asked the firm to pay the amount with an interest of 18 per cent per annum, from the date the total demand amount was deposited with the Unitech, which is also facing several other complaints, including a joint claim by 144 home-buyers.
A bench headed by Justice JM Malik held that the desire to acquire the property had “ruined the life” of the buyer and the real estate major “harassed” him by asking “for interest on the delayed payment when there was no progress of project”.
The report said, the consumer commission directed the firm to pay Rs 59,98,560 to Sanjay Arora, who had booked the flat in Sector Pi II, Greater Noida, in 2006, besides Rs one lakh for compensation and litigation charges.
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