ORDER

Ram Surat Ram Maurya, Presiding Member.—Heard Ms. Urvi Kuthiala, Advocate, for the complainants and Ms. Kanika, Agnihotri, Advocate for the opposite parties.

2. The complainants have filed this complaint for directing the opposite parties (hereinafter referred to as the builder) jointly and severally (i) to refund Rs.17648722/- along with compoundable interest @18% with quarterly rest, from the date of respective deposits till the day of filing of the complaint, (ii) to pay pendente lite and future interest @18% compounded quarterly, till the date of actual payment, (iii) to pay Rs.25/- lacs as the compensation for escalation in market price, mental and physical harassment, (iv) to pay the cost of the litigation and (v) 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 2010, the builder launched a project of group housing in the name of “Indiabulls Enigma” a