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PREM NARAIN
Nilabh Jain – Appellant
Versus
Emaar Mgf Land Limited – Respondent


Counsel for the Parties:
For the Appellants:Mr. Sandeep Chhabara, Advocate
For the Respondent Nos.1 and 2:Mr. Amit Mahajan, Advocate with Mr. Arbaaz Hussain and Mr. Arjun Jain, Advocates
For the Respondent No.3:Mr. Amarjit Singh Bedi, Advocate with Ms. Riya Seth, Authorised Representative

ORDER

This first appeal has been filed by the appellants Nilabh Jain and another against the order dated 03.12.2014 of the State Consumer Disputes Redressal Commission, UT Chandigarh, (in short ‘the State Commission’) passed in CC No.107 of 2014.

2. Brief facts of the case are that opposite party Nos.1 & 2/respondents launched project by the name “Central Plaza” at Mohali hills Sector 105 SAS Nagar. Complainants/appellants deposited Rs.8,09,233/- vide receipt No.539553 and Rs.8,09,233 vide Receipt No.540794 dated 26.12.2007 as booking amount. Opposite parties issued provisional allotment letter on 17.01.2008 regarding allotment of 15GF (Ground Floor) and BF (Basement Floor) having approx. super area 1300 sq. ft. 909 sq. ft. Buyer agreement was executed between opposite parties and complainants in 2007. Respondent No.3 agreed to sanction loan of Rs.50,70,000/- and Rs.17,70,000/- in respect of ground floor and basement vide letter dated 21.2.2008. Possession was assured to be given in September 2009, but the construction work was stopped after June, 2008.

3. Aggrieved by the actions of the opposite parties, the complainants filed a complaint before the State Commission. The complaint w










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