V.K. Jain, Presiding Member—The complainant booked a commercial unit with the opposite party in a project, namely, Urabana, which the opposite party was to develop in Sector 67 of Gurgaon for the purpose of earning their livelihood by means of self-employment in the aforesaid commercial space. They made a payment of Rs.10 lakh to the opposite party on 4.4.2011 and on the same day, an allotment letter was issued to them allotting unit No.SD/R/GL/06/21 for a basic price of Rs.10461950/-. The parties then executed a buyers agreement on 27.11.2012 incorporating their respective obligations in respect of the said transaction. In terms of clause 15.1 of the said agreement, the possession was to be delivered to the complainant within 36 months from the date of approval of the plans or execution of the agreement whichever was later and the opposite party was also entitled to an extension of 180 days as a grace period.

2. The following was the payment plan agreed between the parties:—

Sl. No.	Linked Stages	Description
1.	On Booking and 30 days from Booking	20% of