ORDER

Ram Surat Ram Maurya, Presiding Member.—Heard Mr. Ishkaran Singh, Advocate, for the complainants and Mr. Prabhakar Tiwari, for the opposite party.

2. The complainants have filed the aforementioned complaint for directing the opposite party (hereinafter referred to as the builder) (i) to refund Rs.24768529.81 along with interest @24% per annum, from the date of respective deposits till the day of filing of the complaint, (ii) to pay pendente lite and future interest @18% per annum, on the decretal amount, (iii) to pay the cost of the litigation and (iv) any other relief, which is deemed fit and proper in the facts and circumstances of the case.

3. The facts, as stated in the complaint and emerged from the documents attached with it, are that the builder was a company and engaged in business of development and construction of residential and commercial buildings and selling its unit to the prospective buyers. In the year 2004, the builder launched a project of group housing in the name of “Parsvnath Exotica” at village Wazirabad, Sector-53, Gurgaon, Haryana and gave their glossy and fancy advertisements. Enticed with the glossy and fancy advertisements of this project, the comp