Niyam v2 is live — start for just ₹100 — 200 credits to try

january 2021

Supreme Court of India · 2021-01-11

Ireo Grace Realtech Pvt. Ltd. vs Abhishek Khanna

Citation / case number
AIR 2021 SUPREME COURT 437
Court
Supreme Court of India
Petitioner
Ireo Grace Realtech Pvt. Ltd.
Respondent
Abhishek Khanna
Author
Indu Malhotra
Bench
Indira Banerjee, Indu Malhotra, Dhananjaya Y Chandrachud

Judgment text excerpt

The Supreme Court upheld the decision of the National Consumer Disputes Redressal Commission, which ordered the refund of amounts paid by apartment buyers due to significant delays in construction and obtaining the Occupation Certificate for the project 'The Corridors'. The court emphasized the importance of timely delivery in real estate projects and the obligations of developers under the Consumer Protection Act, 1986. The appeals filed by the developer were dismissed, reinforcing consumer rights in real estate transactions.

Ireo Grace Realtech Pvt. Ltd. vs Abhishek Khanna · Niyam