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Showing contexts for: Pre launch projects in M/S Pioneer Urban Land And ... vs State Of Nct Of Delhi & Ors on 26 May, 2025Matching Fragments
19. In the pre-launch of Project Arya to be constructed in Sector-62, Golf Course Extension Road, Gurugram, Haryana, the Respondent Nos. 2 and 3 took a booking and in all paid Rs.1,48,94,040/- i.e. 20.34% of the total consideration. Since they were not happy with the progress of the Project and there was an inordinate delay in handing over of the possession which had been promised to be delivered within 39 months, the Respondent No. 2 and 3 filed a Complaint bearing CC No.2895/2017 before the NCDRC, which has been ultimately decided in their favour vide Judgement dated 23.03.2023. In compliance with the Judgment, a sum of Rs.2,75,12,277/-, which includes the interest component @9% p.a. on the principal amount, has already been received by the Respondent Nos. 2 and 3.
20. It is evident that the Respondent Nos. 2 and 3 had themselves voluntarily booked a flat in a pre-launch of Arya Project and were well aware and conscious of the details of the Project at the time they entered into Builder Buyer Agreement. For them to claim that the Petitioners had no requisite Sanctions and Permissions, is blatantly incorrect. The Project has been completed and 98% of flats in Tower-D, has already been delivered to the allottees.