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Consumer Forum Awards  ₹63l In Compensation To Flat Buyers As Firms Fail To Give Possession, ET RealEstate

The coram of the commission noted that the opposite parties (Parsvnath Buildwell, Parsvnath Developers and Devidayal Aluminium Industries) did not have a valid licence to construct the flat but kept misguiding the complainants.

Man gets Rs 62 lakh compensation after 7-year delay in flat possession

No Court Stay, Sealing Drive To Go On: Dtcp, Real Estate News, ET RealEstate

By the end of the month, DTCP aims to seal 200 properties where illegal commercial activities are going on.

DTCP sealing drive in residential areas continue for second day

Manish Yadav, district town planner (enforcement), said that an illegal milk booth along with three shops running illegally in Parsvnath Exotica group housing society on Golf Course Road were sealed for flouting norms

Refund Rs1 62 Crore to Home-buyer; NCDRC to Parsvnath Developers, Parsvnath Hessa

National consumer dispute redressal commission (NCDRC) has ordered New Delhi-based Parsvnath Developers Pvt Ltd and Parsvnath Hessa Developers Pvt Ltd to refund Rs1.62 crore along with an interest of 9% per annum to a homebuyer for failing to handover possession of the flats in stipulated time.

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