Homebuyers paid Rs 2.06 crore but never got flat; court rejects builder's delay plea

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Two homebuyers took legal action against a builder over an apartment they had agreed to buy under a 2014 sale agreement. The builder was required to hand over possession by June 30, 2017, but did not do so. The flat's price was Rs 1.95 crore, and the buyers had paid Rs 2.06 crore by the time of the complaint, including stamp duty, registration charges and taxes. The court rejected the builder's argument for the delay and ordered that interest be paid to the buyers.

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