Buyer Cannot Be Required To Wait Indefinitely For Possession: SC Asks Developer To Refund The Buyer [Read Judgment]

A buyer cannot be required to wait indefinitely for possession, said the Supreme Court while affirming Consumer Commission order directing the developer to refund the amount to the buyer. In this case (Kolkata West International City Pvt. Ltd. vs. Devasis Rudra), the buyer paid an amount of Rs 39, 29,280 in 2006 to the builder and the agreement between them envisaged that possession...