Delhi HC Orders NBCC to Refund Homebuyer

13 May 2024 CW Team

The Delhi High Court has ruled in favour of a homebuyer, directing the National Buildings Construction Corporation (NBCC) to refund Rs 7.6 million along with interest. The decision comes as a relief to the homebuyer, who had filed a petition seeking the refund of the amount paid towards the purchase of a property.

The court's order highlights the importance of protecting the rights of homebuyers and ensuring accountability among real estate developers. The ruling also underscores the significance of adhering to regulatory guidelines and fulfilling commitments made to customers.

The case against NBCC was filed by the homebuyer after the corporation failed to deliver the property within the stipulated timeframe. Despite repeated assurances, NBCC was unable to complete the project, leading the homebuyer to seek legal recourse to recover the amount invested in the property.

The Delhi High Court's decision to instruct NBCC to refund the entire amount paid by the homebuyer, along with interest, reflects a commitment to justice and consumer protection. It sends a strong message to developers regarding the importance of honouring agreements and delivering on promises made to buyers.

The ruling is likely to have broader implications for the real estate sector, encouraging greater transparency and accountability in dealings with homebuyers. It reinforces the principle that developers must be held accountable for any delays or deficiencies in project delivery, and underscores the judiciary's role in safeguarding the interests of consumers in the real estate market.

Infrastructure Urban

13 Oct 2025

Recycling Leaders Push for Policy Reforms in India

As India prepares for the largest recycling-focused event in its history, industry leaders are making a strong case for policy reforms to unlock the country’s circular economy potential. Ahead of the Bharat Recycling Show (BRS) 2025, co-located with Plastics Recycling Show (PRS) India, a high-level panel discussion in Mumbai spotlighted the urgent need for regulatory clarity, digital innovation, and integration of the informal sector.Held under the theme “Unlocking Circular Value: Regulatory and Market Trends in Recycling”, the panel brought together prominent voices from across the recy..

Environmental Hearing Set for 1000 MW Naying Hydro Project

The environmental public hearing for the 1,000 MW Naying hydroelectric project will take place on November 12 at Yapik community hall in Shi-Yomi district, Arunachal Pradesh, officials confirmed. The run-of-the-river project on the Siyom (Yomgo) river is being developed by the North Eastern Electric Power Corporation (NEEPCO). Construction, including a concrete dam, underground powerhouse, and tunnel, is expected to commence around 2028, with commissioning planned by 2032. The project aims to generate approximately 4,966.77 GWh of electricity. The Naying project received Central Electricity ..

India Achieves 490 MWh Energy Storage Capacity by June 2025

India’s cumulative energy storage capacity reached 490 MWh by June 2025, according to data released by the Central Electricity Authority (CEA). Of this, more than 85 per cent is associated with renewable energy projects, primarily solar and wind, reflecting the country’s accelerated shift towards grid stability and clean energy integration. The CEA report highlights that 16 energy storage systems are currently operational across 10 states, with major installations in Rajasthan, Gujarat, Karnataka, and Maharashtra. These include both standalone and co-located battery systems deployed by le..