Urgent.News

What's breaking now, across thousands of outlets.

World

Mumbai Consumer Commission Pulls Up Developers For Reselling Booked Flat At Inflated Price

Mumbai, October 8, 2026: The Maharashtra State Consumer Disputes Redressal Commission has pulled up Bandra-based firms Rockline Construction Company and RNA Corporation for allegedly selling a flat booked by a consumer to a third party, despite the complainant having paid a booking amount of Rs. 5 lakh. The commission also held the developers guilty of deficiency in service and unfair trade…

Mumbai Consumer Commission Pulls Up Developers For Reselling Booked Flat At Inflated Price

In a recent ruling, the Maharashtra State Consumer Disputes Redressal Commission has taken action against two Bandra-based developers, Rockline Construction Company and RNA Corporation, for allegedly reselling a flat that a consumer had already booked. The consumer, Bhupendra D. Trivedi, paid a booking amount of Rs. 5 lakh in 2009 for a 763 sq. ft. flat (Unit-3L/14) in the developers' residential project, expecting a registered agreement for sale to process his bank loan.

However, the developers failed to deliver on their promise, instead selling the flat to a third party at an inflated price of Rs. 7,000 per sq. ft. while demanding Rs. 85 lakh from the consumer. The commission found the developers guilty of deficiency in service, unfair trade practices, and awarded the consumer Rs. 85 lakh in compensation, along with Rs.

25 lakh for escalation in property prices, Rs. 1 lakh for mental agony, and Rs. 50,000 for litigation costs.

Written by urgent.news from Free Press Journal's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at freepressjournal.in →

More in World

More from Thursday 8 October →