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SC directs Jaypee to provide compensation to Noida buyers- Property News
Posted
July 18, 2016
Views
3,440
Likes
21
Comments
1
Engagement
0.64%
July 18, 2016
3,440
21
1
0.64%
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7:11
4:13Now PlayingBe Un Confused
In a landmark judgment that gives hope to all homebuyers stuck with project delays across India, the Supreme Court has directed developer Jaypee Group to give alternate flats to some buyers, compensation to others in its Calypso Court project.
In May 2016, the National Consumer Disputes Redressal Commission (NCDRC) has order Jaypee group to 12% penalty charges per annum over delayed possession.
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