ORDER

The present Consumer Complaint has been filed under Section 21(A)(i) of the Consumer Protection Act, 1986 (for short “the Act”) by Chanda Manghani and Rahul Manghani (hereinafter referred to as the Complainants) against Opposite Party, M/s. Raheja Developers Ltd. (hereinafter referred to as the Developer), seeking refund of the amount paid towards purchase of Flat alongwith interest as the Opposite Party Developer failed to hand-over the possession of the Flat booked by them in the Project launched by the Developer in the name and style of “Raheja Revanta” located at Sector 78, Gurugram, Haryana.

2. Brief facts as narrated in the Complaint are that the Opposite Party Developer launched a Residential Housing Project in the name and style of “Raheja’s Revanta” located at Sector 78, Gurugram, Haryana. The Complainants booked a residential Apartment for their personal use in the said Project by paying a sum of Rs.6,81,315/- to the OP Developer on 15.03.2012. Unit No. A-181, at 18th Floor was allotted to the Complainant for a total sale consideration of Rs.92,49,623/-. Agreement to Sell (hereinafter referred to as the Agreement) was executed between the Parties on 11.05.2012. It w