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However, the builder - Puri Construction - has denied all allegations. It claimed the complaint was false and the buyers have ulterior motives.
Six years after the Real Estate (Regulation and Development) Act (RERA) came into existence, a series of decisions is finally working in favour of home-owners.
National consumer dispute redressal commission (NCDRC) has directed Puri Constructions Pvt Ltd and Florentine Estates of India Ltd to either refund the collected amount or hand over possession of the flats to respective buyers.
National consumer dispute redressal commission (NCDRC) has directed Puri Constructions Pvt Ltd and Florentine Estates of India Ltd to either refund the collected amount or hand over possession of the flats to respective buyers.
The year 2022 was a phenomenal year for the real estate sector, particularly the residential segment. There was robust housing demand, mainly from end-users, across the top cities and tier 2 and tier 3 cities.