Real estate firm asked to refund â¹46 lakh to buyer for delay
Delhi State Consumer Commission has directed real estate firm Parsvnath Developers to pay â¹3 lakh as compensation to a homebuyer for delay in handing over possession of a flat. It asked Parsvnath to refund â¹46 lakh to Varun Dev, who had paid the amount for the flat. It also rejected Parsvnath's claim that global recession slowed construction of its projects.