in5points
BusinessHindustan Times

NCDRC gives builder 3 months to complete housing project or refund buyers with 15% interest

in5points
  1. NCDRC orders builder to complete housing project in 3 months or refund buyers with 15% interest.

  2. Commission ruled failure to deliver on time is deficiency in service and unfair trade practice.

  3. The order applies to a specific housing project, details of which are not specified in the headline.

  4. Buyers have the option of refund with interest if deadline is missed.