Hyderabad Forum Orders Refund
Real Estate

Hyderabad Forum Orders Refund

In a significant ruling, the Hyderabad Consumer Forum has ordered Sahiti Infratec to refund Rs 1 crore to two buyers. The decision underscores the forum's commitment to protecting consumer rights and ensuring accountability in real estate transactions.

The directive for a refund by the Hyderabad Consumer Forum reflects a proactive approach to address grievances and uphold the interests of homebuyers. This ruling sets a precedent for developers to adhere to contractual commitments and deliver on promises made to buyers.

As the real estate sector evolves, consumer forums play a vital role in resolving disputes and safeguarding the rights of homebuyers. The order for a refund emphasizes the importance of transparency, fair practices, and adherence to legal obligations within the real estate industry.

The Hyderabad Consumer Forum's decision highlights the significance of robust consumer protection mechanisms and their role in fostering a trustworthy real estate environment. This ruling is expected to serve as a deterrent against malpractices and non-compliance, promoting ethical conduct and accountability in real estate transactions.

In a significant ruling, the Hyderabad Consumer Forum has ordered Sahiti Infratec to refund Rs 1 crore to two buyers. The decision underscores the forum's commitment to protecting consumer rights and ensuring accountability in real estate transactions. The directive for a refund by the Hyderabad Consumer Forum reflects a proactive approach to address grievances and uphold the interests of homebuyers. This ruling sets a precedent for developers to adhere to contractual commitments and deliver on promises made to buyers. As the real estate sector evolves, consumer forums play a vital role in resolving disputes and safeguarding the rights of homebuyers. The order for a refund emphasizes the importance of transparency, fair practices, and adherence to legal obligations within the real estate industry. The Hyderabad Consumer Forum's decision highlights the significance of robust consumer protection mechanisms and their role in fostering a trustworthy real estate environment. This ruling is expected to serve as a deterrent against malpractices and non-compliance, promoting ethical conduct and accountability in real estate transactions.

Next Story
Infrastructure Transport

Bengaluru Unveils Rs 1,200 Bn Infra Upgrade Plan

Bengaluru is set to receive a massive infrastructure boost worth Rs 1,200 billion under new projects planned by the Karnataka government to enhance urban mobility and connectivity. The initiative includes the expansion of the city’s metro network, construction of tunnel roads, elevated corridors, and 500 km of white-topping works to improve road durability. The Bruhat Bengaluru Mahanagara Palike (BBMP) and Bengaluru Metro Rail Corporation Limited (BMRCL) will jointly execute the projects. Key projects include tunnel roads between Hebbal and Mekhri Circle, 25 new signal-free corridors, and ..

Next Story
Infrastructure Transport

Cochin Shipyard delivers first indigenous ASW vessel ‘Mahe’ to Navy

Cochin Shipyard Limited (CSL) has delivered INS Mahe, the first indigenous Anti-Submarine Warfare Shallow Water Craft (ASW SWC), to the Indian Navy. The vessel is part of an eight-ship series being constructed under the Navy’s “Atmanirbhar Bharat” initiative to strengthen coastal defence capabilities. Designed and built entirely in India, Mahe features advanced sensors and weapon systems for detecting and neutralising underwater threats in coastal waters. The vessel underwent extensive sea trials before delivery, demonstrating high performance and manoeuvrability. This milestone reinfo..

Next Story
Infrastructure Urban

Vedanta Group to invest Rs 1,000 billion more in Odisha projects

Vedanta Group has announced an additional investment of Rs 1,000 billion in Odisha to expand its operations across metals, energy, and downstream industries. Anil Agarwal, Chairman, made the announcement during the third edition of the Make in Odisha conclave, highlighting the state’s pivotal role in India’s industrial growth.The investment will focus on strengthening Vedanta’s aluminium and copper businesses, establishing new value-added facilities, and boosting employment in the region. The company already operates large-scale plants in Jharsuguda and Lanjigarh, contributing significan..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?