Mumbai: Consumer Commission Mandates Chembur Developer to Handover Peaceful Possession
The Mumbai Suburban Additional District Consumer Disposit Redressal Commission has issued a stern warning to Chembur-based real estate firm M/s Eveready Builders, ordering them to handover peaceful possession to the buyers of their properties.
MumbaiReal EstateConsumer ProtectionChemburEveready BuildersReal Estate MumbaiDec 12, 2024
The commission found the developer guilty of failing to comply with the terms and conditions of the sale agreements, causing undue hardship to the consumers.
The case came to light when several homebuyers approached the commission, alleging that M/s Eveready Builders had failed to deliver the flats as promised.
The buyers stated that despite making the required payments, they were not handed over the keys to their properties.
This led to a prolonged period of uncertainty and financial strain for the buyers.
The commission, after a thorough investigation, concluded that M/s Eveready Builders had indeed breached the terms of the sale agreements.
The commission emphasized that the developer's actions were not only unethical but also illegal, as they violated the rights of the consumers under the Consumer Protection Act.
In its order, the commission has directed M/s Eveready Builders to hand over peaceful possession of the properties to the buyers within a specified period.
The developer has also been asked to compensate the buyers for the delays and the inconvenience caused.
M/s Eveready Builders is a well-known real estate developer in the Chembur area of Mumbai.
The company has been in the business for several decades and has built a reputation for delivering quality projects.
However, this recent ruling has tarnished their image and sent a clear message to the real estate sector about the importance of adhering to consumer laws.
The commission's decision is expected to set a precedent for other developers in the region, urging them to honor their commitments and treat consumers with fairness and transparency.
This ruling is a victory for consumer rights and highlights the critical role of consumer protection bodies in ensuring that developers are held accountable for their actions.
For homebuyers, this ruling provides a glimmer of hope and reassurance that their investments are protected.
It also serves as a reminder to be vigilant and thorough when entering into agreements with developers, ensuring that all terms and conditions are clearly understood and documented.
In the wake of this ruling, it is advisable for consumers to seek legal advice before purchasing properties and to keep a close eye on the progress of their projects.
This will help them to take timely action if any issues arise and ensure that their rights are protected.
The Mumbai Suburban Additional District Consumer Dispute Redressal Commission has played a crucial role in this case, demonstrating its commitment to protecting consumer rights and upholding the law.
This decision is a testament to the importance of consumer protection bodies in maintaining the integrity of the real estate market and ensuring that developers are held accountable for their actions.
Frequently Asked Questions
What is the Mumbai Suburban Additional District Consumer Dispute Redressal Commission?
The Mumbai Suburban Additional District Consumer Dispute Redressal Commission is a consumer protection body in Mumbai that handles cases related to consumer rights and disputes between consumers and businesses.
Who is M/s Eveready Builders?
M/s Eveready Builders is a well-known real estate developer based in Chembur, Mumbai, with a long history of delivering residential and commercial projects in the region.
What did the commission order M/s Eveready Builders to do?
The commission ordered M/s Eveready Builders to hand over peaceful possession of the properties to the buyers and to compensate them for the delays and inconvenience caused.
Why did the buyers approach the commission?
The buyers approached the commission because M/s Eveready Builders had failed to deliver the flats as promised, despite the buyers making the required payments.
What is the significance of this ruling for the real estate sector in Mumbai?
This ruling sets a precedent for other developers in the region, urging them to honor their commitments and treat consumers with fairness and transparency. It highlights the importance of consumer protection and accountability in the real estate market.
Related News Articles
Godrej Properties Aims to Launch Rs 21,000 Crore Worth of Housing Projects by March 2025
Godrej Properties plans to launch housing projects worth Rs 21,000 crore by March 2025, focusing on Mumbai Metropolitan Region, Delhi-NCR, Bengaluru, Pune, and Hyderabad.
Smartworks Expands Pune Presence with Massive 6.13 Lakh Sq Ft Lease
Smartworks has leased a massive 6.13 lakh sq ft office space in Pune for a starting rent of ₹4.44 crore per month. The company has expanded its Pune portfolio, adding over 6 lakh sq ft of prime office space.
Blox Acquires 11% Stake in Guardians for $12 Million
Digital real estate platform Blox acquires 11% stake in Guardians, aiming to become India's largest real estate seller.
Orris Group: Pioneering Real Estate Development in Delhi-NCR
With a strong focus on consistent delivery, a diversified portfolio, and a visionary approach, Orris Group is setting new benchmarks in the competitive real estate market of Delhi-NCR.
Bomb Threat at DY Patil College in Akurdi: Emergency Evacuation Ensures Student Safety
A disturbing email alleging the placement of a bomb at DY Patil College in Akurdi sparked panic among students, teachers, and parents. The swift response from police and the bomb squad ensured a safe evacuation of the campus.
Aditya Birla Real Estate Launches Luxurious Residential Project in Pune, Shares Surge 2%
Aditya Birla Real Estate, the real estate arm of the Aditya Birla Group, has made a significant entry into the Pune market with the launch of a luxury residential project, Birla Punya. The company's shares saw a 2% increase following this announcement.