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C. VISWANATH, RAM SURAT RAM MAURYA
K. Madhusudhan Rao – Appellant
Versus
Lodha Healthy Constructions & Developers Pvt. Ltd. (LHCPL) – Respondent


Counsel for the Parties:
For the Complainant:Mr. Venkateshwar Rao Anumolu, Advocate
For the Opp. Party No.2:Ms. Neha Gupta and Mr. Rishabh Sahu, Advocates

ORDER

The present Complaint is filed under Section 21(a)(1) of the Consumer Protection Act, 1986.

2. The Complainant is a non-resident Indian. Opposite Party No.1 is a developer and Opposite Party No.2 is a Bank. The case of the Complainant is that on 08.08.2009 he booked Apartment No.800 on 8th floor in “Beverly Hills Tower in Lodha Bellezza Complex” Kukatpally Hyderabad having a carpet area of 3282 sq. ft. along with 3 car parking for a total consideration of Rs.2,30,73,876 launched by Opposite Party No.1, by paying an advance of Rs.4,50,000/-. Thereafter, the Complainant paid two instalments of Rs.22,45,288/- and Rs.24,16,288/- on 25.08.2009 and 30.09.2009 respectively. The Complainant, thus, paid an amount Rs.51,11,576/-, which was 22 % of the total sale consideration. After receiving the payment, Opposite Party No. 1 sent the Agreement for Sale dated 21.10.2009.

3. According to the Complainant, Opposite Party No. 2 was major shareholder of the Project and offered housing loan to all purchasers. The Complainant applied for housing loan with Opposite Party No.2 who, vide let

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