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Government Approved Valuers Delhi,Mumbai,Pune,Goa,India

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Shakti Gems n Jewels - Biggest...

I can say this 100% confidently that this company is doing F...
Bijender Saini on 2018-01-23

shakti gems and jewels having ...

cant rely on this company for any valuation services. i call...
Suleman on 2018-01-23

Bogus, Fake, Faked, Spurious V...

I found one of the Spurious valuation company in delhi which...
Mahesh Giri on 2018-01-23



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Latest News

Builder told to compensate flat buyers for delivery delay

BANGALORE: The Karnataka State Consumer Disputes Redressal Commi...
Added On:2013-06-18

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News Details

Builder told to compensate flat buyers for delivery delay

BANGALORE: The Karnataka State Consumer Disputes Redressal Commission has asked a builder, who failed to deliver flats to buyers in time, to compensate three of his clients. SA Kabeer, managing director of Alpine Housing Development Corporation Development Limited, and Mohammed Shariff, power of attorney holder for Kabeer, have been directed to pay the three complainants Rs 15,000 each from July 2009 in lieu of the rent and interest expenditure they incurred due to non-delivery of the housing units. Setting a 45-day deadline for registration of the flats, the court told the builder that all amenities and world-class facilities, as stated in the brochure, should be provided. In case the builder fails to execute the sale deeds, the firm has to return the Rs 1.2 crore paid by the complainants with 18% interest from the date of payments. "The house rent prevailing in the open market for a two-bedroom well-furnished house is between Rs 12,000 and 15,000 per month. The developers issued a colourful brochure stating that they will provide all world-class amenities and facilities like backup generator, lift, departmental store, playground and swimming pool among other things, but failed to do the same. Had they executed the sale deeds in time, the complainants could have avoided paying rents, a minimum of Rs 15,000 per month. So the company is liable to pay compensation by way of rent from January 2009 till realization," the bench of Justices K Ramanna and GT Vijayalakshmi said. The developer has been further directed to pay Rs 5,000 each to the two complainants towards litigation expenses.

Added On: 2013-06-18 05:06:02

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