The Supreme Court Friday gave two days to Parsvnath developers to hand over possession of a flat in its Gurgaon project to Minister of State for Information and Broadcasting Rajyavardhan Rathore.
A bench of Justice Dipak Misra and Justice Amitava Roy said the “possession of flat shall be handed over to the respondent in two days” and added that Rathore need not pay any extra money to the developer.
The apex court said the issue of compensation to be paid by the realty firm to Rathore for the delayed possession would be dealt with at a later stage.
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The counsel, appearing for the builder, said the flat was ready and they could hand over possession. In July, too, the bench had asked Parsvnath to hand over the flat to Rathore.
Rathore had booked a flat in Parsvnath’s Exotica project in Gurgaon in 2006 and had paid around Rs 70 lakh for it.
The firm was to deliver the flat in 2008-09. In January this year, the National Consumer Disputes Redressal Commission directed the builder to refund the principal amount with interest and compensation to Rathore.
Earlier, the apex court had pulled up real-estate firms for making tall claims to purchasers which remained unfulfilled due to inordinate delay in completion of housing projects.
The court had on October 18 directed the SC registry to disburse Rs 12 crore, deposited by real estate firm Parsvnath Buildwell Pvt Ltd, to 70 homebuyers on pro rata basis.