Urgent.News

What's breaking now, across thousands of outlets.

Culture

He paid Rs 15L for Rs 10L flat; builder demanded Rs 20 lakh more, buyer wins case

A man, who was working in the US, booked a 1,208-square-foot flat along with a car parking space in Patna. The booking was confirmed in 2005, and the agreement for sale was signed in 2007. The total price agreed upon for the flat and parking space was Rs 10,41,250. Before the agreement was executed, the man had already paid Rs 9 lakh to the builder.

He paid Rs 15L for Rs 10L flat; builder demanded Rs 20 lakh more, buyer wins case

In 2005, Mr. Shakil Anwar, based in the USA, purchased a 1208 sq ft flat with a parking space in Patna, India. The agreement for sale was signed on August 5, 2007. The total cost was Rs 10,41,250, with a deposit of Rs 9 lakh made prior to the agreement and Rs 2 lakh paid as a commission fee. The remaining Rs 1,41,250 was due in two installments, which were due on October 10, 2007, and February 15, 2008. The builder assured delivery by August 2008, but Anwar remained without possession until 2012.

During this period, the builder asked Anwar to pay an additional Rs 4 lakh due to increased construction costs, and later demanded another Rs 20 lakh for possession, citing a higher valuation of the flat. When Anwar refused, the builder threatened to withhold the flat and filed a criminal case. Anwar's mother intervened, leading to a further demand for Rs 2 lakh. Eventually, Anwar deposited Rs 13 lakh against the initial price, in addition to the Rs 2 lakh commission fee.

In June 2012, despite a 3-year wait, Anwar returned to Patna to inquire about the flat. The builder and the company director demanded another Rs 20 lakh for possession, threatening Anwar and his sister. Anwar filed a formal complaint, alleging unfair trade practices, untruthful correspondence from the builder, and lack of transparency regarding the project's completion.

The consumer commission found the builder guilty of dishonest conduct, ordering the repayment of Rs 15 lakh with 12% interest, Rs 10 lakh in compensation for mental distress, and a Rs 2 lakh litigation fee.

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

This story

This is one outlet's version. Read the fullest account.

Read the original at timesofindia.indiatimes.com →

More in Culture

More from Friday 16 October →