THIRU.J.JAYARAM, TMT.P.BAKIYAVATHI
YOGA BALAKRISHNAN – Appellant
Versus
M/S METRO CITY FOUNDATION – Respondent
ORDER
Thiru. J. Jayaram, Presiding Judicial Member—The Case of the complainant are as follows:-
Flat No. 2-B, with 1975 sq.ft of built up area along with 700 sq.ft of undivided share for allotted and agreed to be sold to the complainant. Accordingly a separate agreement for construction dated 14.12.2006 was executed between the complainant and the 1st opposite party as per the agreement for construction, the 1st opposite party undertook to construct the multi-storeyed building in accordance with the development plans sanctioned by the Directorate of Town and Country Planning Authority, Local Panchayat and other statutory authorities like Coimbatore Corporation and Ministry of Local Administration. Under Article I(i) of Agreement for construction, the total sale consideration is Rs. 53,34,000/- towards the land and construction. Further under Article I(7), the first opposite party undertook to hand over the possession by January 2008. The 1st opposite party under Article 3(iii) of the construction agreement, agreed to pay 18% interest for the delayed period of delivery beyond January 2008.
2. The 4th and 5th opposite parties being owners of the suit premises executed the registered sal
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