D.Y.CHANDRACHUD, VIKRAM NATH, HIMA KOHLI
Anjali Rathi – Appellant
Versus
Today Homes & Infrastructure Pvt. Ltd. – Respondent
JUDGMENT :
Dhananjaya Y. Chandrachud, J
1. The petitioners are home buyers in a group housing project, Canary Greens in Sector 73, Gurgaon, being developed by the first respondent. Home buyer agreements were entered into between the eleven petitioners and the first respondent. Clause 21 of the agreements envisaged that possession of the apartments would be delivered within a period of thirty-six months, which in almost all cases was to be in 2014.
2. The grievance of the petitioners is that the project was abandoned by the developer. As a result, they instituted proceedings1[Consumer Complaint Nos 1242, 1243, 1245, 1246, 1248, 1249, 1250 and 1251 of 2017] before the National Consumer Dispute Redressal Commission2[“NCDRC”] seeking refund of their moneys with interest. On 12 July 2018, the NCDRC allowed their claim by directing the first respondent to refund the principal amount paid by the petitioners together with 12 per cent interest from the date of deposit along with costs within four weeks. There was a provision in the order for interest being enhanced to 14 per cent if the amount was not paid within the stipulated period. This order of the NCDRC has attained finality.
3. Execution
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