SCDRC Directs Omaxe Chandigarh Extension to Compensate Buyer for Delay
ECONOMY & POLICY

SCDRC Directs Omaxe Chandigarh Extension to Compensate Buyer for Delay

The State Consumer Disputes Redressal Commission (SCDRC) has ruled in favour of a homebuyer, directing Omaxe Chandigarh Extension Developers to compensate for the delay in handing over possession of a property. This decision marks a significant development in the ongoing dispute between the buyer and the real estate developer. According to the order, Omaxe Chandigarh Extension Developers are required to pay compensation to the buyer for the delayed possession of the property. The SCDRC's directive emphasises consumer rights and aims to provide relief to the affected homebuyer who faced inconvenience and financial losses due to the delay. The case highlights challenges faced by homebuyers in obtaining timely possession of properties and underscores the importance of regulatory interventions in safeguarding consumer interests. The commission's decision underscores its commitment to ensuring accountability and adherence to delivery timelines in the real estate sector.

The State Consumer Disputes Redressal Commission (SCDRC) has ruled in favour of a homebuyer, directing Omaxe Chandigarh Extension Developers to compensate for the delay in handing over possession of a property. This decision marks a significant development in the ongoing dispute between the buyer and the real estate developer. According to the order, Omaxe Chandigarh Extension Developers are required to pay compensation to the buyer for the delayed possession of the property. The SCDRC's directive emphasises consumer rights and aims to provide relief to the affected homebuyer who faced inconvenience and financial losses due to the delay. The case highlights challenges faced by homebuyers in obtaining timely possession of properties and underscores the importance of regulatory interventions in safeguarding consumer interests. The commission's decision underscores its commitment to ensuring accountability and adherence to delivery timelines in the real estate sector.

Next Story
Infrastructure Energy

Power Sector Conference Held in Sikkim to Push Modernisation

The Regional Conference of the Power Sector was held in Gangtok on April 26, with Union Power and Housing Minister Manohar Lal and Sikkim Chief Minister Prem Singh Tamang leading the discussions. The meet brought together ministers, senior officials, and power sector heads from across the northeastern states.Speaking at the conference, Union Minister Manohar Lal stressed the need for a modern, financially viable, and environmentally responsible power sector to power India’s growth towards a developed economy. He called for advancing all modes of energy generation — thermal, hydro, atomic, ..

Next Story
Infrastructure Urban

INS Sunayna Reaches Mauritius for Joint Patrols

Indian Naval Ship Sunayna (IOS SAGAR) arrived at Port Louis Harbour, Mauritius, on April 26 after completing Phase I of joint EEZ surveillance with the National Coast Guard of Mauritius. The deployment underscores India's commitment to maritime security, capacity building, and cooperation in the South Western Indian Ocean.Sailing from Karwar on April 5, Sunayna embarked 44 naval personnel from nine Indian Ocean Region nations, including eight crew members from Mauritius. The initiative aims to boost interoperability, mutual learning, and regional maritime readiness among friendly countries.Sun..

Next Story
Technology

NIELIT Signs MoUs with 8 Institutions to Boost Digital India Mission

The National Institute of Electronics and Information Technology (NIELIT) signed Memorandums of Understanding (MoUs) with eight organisations on April 25 in New Delhi, marking a major boost to India's digital ecosystem. The event was attended by Sh. S. Krishnan, Secretary, Ministry of Electronics and Information Technology (MeitY).NIELIT’s new partners include Semiconductor Laboratory, ERNET India, National Institute of Solar Energy, Amrita Vishwa Vidyapeetham, Skyroot Aerospace, Institute for Financial Management and Research, and Kyndryl India.These collaborations will focus on joint resea..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?