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Buyers book Rs 9.94 crore flat in Mumbai’s Dadar East Two ICC project in 2014, pay Rs 1.95 crore under 30:70 plan; cancel in 2016 after construction delay and payment-plan dispute; Bombay Realty, Bombay Dyeing ordered to refund Rs 4.09 crore with interest

Buyers book Rs 9.94 crore flat in Mumbai’s Dadar East Two ICC project in 2014, pay Rs 1.95 crore under 30:70 plan; cancel in 2016 after construction delay and payment-plan dispute; Bombay Realty, Bombay Dyeing ordered to refund Rs 4.09 crore with interest
Photo: Times of India — Mumbai · view original

The Maharashtra State Consumer Commission directed Bombay Realty and The Bombay Dyeing & Manufacturing Co Ltd to refund homebuyers. The developers were ordered to return Rs 4.09 crore after failing to provide the booked apartment. The commission emphasized that retaining consumer funds without de...

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