Consumer Commission Orders Realty Firm to Pay Rs 60K/Month Over Sandalwood Deal
A consumer commission has directed a real estate company to pay Rs 60,000 per month to a customer after the firm failed to honour a lease agreement tied to a sandalwood plantation investment. The customer had invested Rs 17.5 lakh in 2023 to purchase agricultural land under the arrangement. The commission found the company in breach of its obligations and ruled in the customer's favour. In addition to the monthly lease payments, the firm was also ordered to pay compensation and litigation costs. The company has been given 45 days to comply with the commission's order.
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