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Noida Jaypee Wishtown Delay NCDRC Unitech Decision

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Noida Jaypee Wishtown Delay NCDRC Unitech Decision

Last updated: August 17 2016
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  • Noida Jaypee Wishtown Delay NCDRC Unitech Decision

    Dear all Gentlemen having flat booked in Jaypee Noida Wishtown

    Today news about NCDRC imposing 12% interest penalty on UNITECH for delaying possession of VISTA (Gurgaon) , is a great news and has given fresh blood supply in the bodies of all poor folks like us who have put their hard earned money in Jaypee Wishtown and there is no near hope of getting possession of their flat .

    It is right time , when all wishtown members join together and file a case to NCDRC against Jaypee and make sure that Jaypee is forced to pay penalty @12% or higher on our hard earned money for which we are paying interest of more than 10% to bank and also paying rent for the flat . This will also give a tough message to these builder community that there is some law persisting in India .

    I request members to join together without wasting any more time and file tough case in NCDRC .
  • #2

    #2

    Re : Noida Jaypee Wishtown Delay NCDRC Unitech Decision

    Yes - I am also initating if my case allows for it.

    This is a great great precedent and a ruling anyone can benefit from

    The court literally kept the BBA aside and ruled on what should be fair.

    So please get in groups or go individual - act now.

    And remember if you dont put a case - even if others do and THEY win - YOU will NOT get added compensation.

    This is the time to act.

    Comment

    • #3

      #3

      Re : Noida Jaypee Wishtown Delay NCDRC Unitech Decision

      The best part about this judgement is that all developers will now be spurred into action. They will know if they don't deliver on time they are screwed, big time and will act accordingly. Earlier they were using our money paying us a pittance. I am happy to see this.

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      • #4

        #4

        Re : Noida Jaypee Wishtown Delay NCDRC Unitech Decision

        One more thing, a few of these kind of judgements can actually wipe out some developers. Small ones prone to delaying in particular are at bigger risk.

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        • #5

          #5

          Re : Noida Jaypee Wishtown Delay NCDRC Unitech Decision

          really a good and fair decision. But for this your builder need to be severly delayed on possession commited in BBA/ PAL. For all such cases, surely buyer can go to consumer court and why not?

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          • #6

            #6

            Re : Noida Jaypee Wishtown Delay NCDRC Unitech Decision

            And now someone will post a comment here that nothing is going to happen. Builders will go to high court, supreme court and blah blah. Let's see who post that first

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            • #7

              #7

              Re : Noida Jaypee Wishtown Delay NCDRC Unitech Decision

              Originally posted by deser7rose View Post
              And now someone will post a comment here that nothing is going to happen. Builders will go to high court, supreme court and blah blah. Let's see who post that first
              I believe that NCRDC judgement can only be challenged in Supreme Court. Further in most cases the SC just throws out the challenge in the first hearings.

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              • #8

                #8

                Re : Noida Jaypee Wishtown Delay NCDRC Unitech Decision

                Builder can challenge the NCRDC decision only at supreme court and there is very little chance that supreme court will accept their plea

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                • #9

                  #9

                  Re : Noida Jaypee Wishtown Delay NCDRC Unitech Decision

                  What about Super area increase. since court has kept BBA aside, can something be done in this regard too.

                  Will people who have taken possession, be eligible for any payments in case judgement comes against JP.

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                  • #10

                    #10

                    Re : Noida Jaypee Wishtown Delay NCDRC Unitech Decision

                    Originally posted by ThePunjabi
                    There is no harm in trying your luck in court. Join hands with other residents in your tower/project to boost the sum under litigation to over Rs 1 Cr because NCDRC hears cases above 1 Cr amount only.

                    If you don't do anything now, then you are destined to pay extra amount to builder as monthly maintenance every month for rest of your life besides the one time extra amount that you must have already paid.

                    At least consult a lawyer and see if there is reasonable scope.
                    Are you confirm that amount paid of all buyers filling the case from same project is aggregated to calculate the limit of one crore or Rs 1 crore paid by single buyer. PLS Confirm. I think you can file case in NCDRC IF amount paid by single buyer is more than 1 crore.

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