ORDER

The present Consumer Complaint has been filed under Section 21 of the Consumer Protection Act, 1986 (for short “the Act”) by M/s Indra Steels Pvt. Ltd. through its Director Mr. Vijay Aggarwal (hereinafter referred to as the Complainant) against Opposite Party, M/s. Parsvnath Developers Limited (hereinafter referred to as the Developer), seeking refund of the amount paid towards purchase of Flat alongwith interest and costs 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 “Parsvnath Privilege” located at Plot No. 11, Section Pi, Greater Noida, Uttar Pradesh.

2. It has been averred in the Complaint that the Opposite Party Developer launched a Residential Group Housing Project in the name and style of ‘Parsvnath Privilege’ located at Plot No. 11, Sector Pi (Chorosia Estate), Greater Noida, UP. Mr. Vijay Aggarwal being Director of M/s Indra Steels Pvt. Ltd. (hereinafter referred to as the Complainant) booked a residential flat for his personal use in the said Project. Flat No. T8-603, Tower No. 8 having an super area 1855 sq. ft. was allotted to the Complainant at a basi