The Live Nagpur
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Crime
  • Entertainment & Lifestyle
  • Featured
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary

The Live Nagpur

  • Home
  • Nagpur City
  • Politics
  • Business
  • Nagpur Education
  • Entertainment
  • Nagpur Sports
  • Health
  • Vidarbha
  • Crime
  • Obituary
Nagpur City

Consumer Redressal Forum asks Infratech Real Estate to pay buyers dues with 18% rate of interest

by TLN Team January 18, 2021
written by TLN Team January 18, 2021
Consumer forum

Additional district consumer complaints redressal forum has ordered Infratech Real Estate Company to pay back Rs.4.80 lakh of a consumer with 18 percent rate of interest and also pay Rs.25000 towards mental harassment suffered by the consumer with Rs.10000 additionally towards the disposal of the case. The interest is payable on Rs.2.40 lakh out of Rs.4.80 lakh from November 5, 2009 while on remaining Rs.2.40 lakh, the interest is payable from January 11, 2011 until actual payment of dues. The court has given a timeframe of 30 days for the payment of dues.

If the company fails to pay the dues during this period, the company would be liable to pay penalty of Rs.50 per day thereafter till the actual payment of dues. The consumer has been identified as Devendra Nakade, a resident of Desaiganj from Gadchiroli district. His application was disposed of by the members of the forum Smita Chandekar and Avinash Prabhune.As per information Nakkade had purchased a villa from the Infratech company under its Marvel scheme for Rs.12 lakh and 5 thousand .He also paid Rs.4.80 lakh out of total sum in two installments to the company.However,the company failed to undertake any construction at the site and also did not give possession of the villa to the Nakkade.Registered sale deed was also not executed in favour of the buyer, compelling him to lodge a complaint at the Additional Consumer Complaints Redressal Forum.

0 comment
FacebookTwitterLinkedin
TLN Team

previous post
Good initiative indeed, traffic cops to be equipped with body worn cameras
next post
Radio DPS Lava, jahan infotainment ka hain pakka dava….

You may also like

Naturopathy Centre on the lines of Urali Kachan,...

February 26, 2021

New statue of Sir Kasturchand Daga installed near...

February 26, 2021

Prajacta Kadu wins ‘Mrs India Queen South Diva’...

February 26, 2021

488 buses to be handed over to the...

February 26, 2021

Renowned social worker Dr Prakash Amte hospitalised

February 25, 2021

207 citizens were fined, given masks by NMC

February 25, 2021

Details of Hyderabad-Rasaul-Hyderabad special train

February 25, 2021

Department of Physiology AIIMS Nagpur gets state of...

February 25, 2021

Govt, Pvt establishments to remain closed on Sat,...

February 25, 2021

Surge in COVID-19 case continues, 1116 positive, 13...

February 25, 2021

Leave a Comment Cancel Reply

Save my name, email, and website in this browser for the next time I comment.



Trending News

  • Aditya TATA Cars Delivers the 1st TATA Safari

    February 25, 2021
  • Social Media, OTT platforms to take down objectionable unlawful content within 24 hours: Central Govt

    February 25, 2021
  • Travelers from these five states to carry COVID-19 negative test report before entering Delhi

    February 24, 2021
  • Urban West India’s Protection Quotient moves up by 4 points on the back of heightened life insurance awareness

    February 22, 2021
  • BMC in action, 1305 buildings sealed after spike in COVID-19 cases

    February 21, 2021

Important Links

  • Politics
  • Crime
  • Business
  • Education
  • Entertainment
  • Sports

Available on Playstore & Coming Soon on Appstore

Search

January 2021
M T W T F S S
« Dec   Feb »
 123
45678910
11121314151617
18192021222324
25262728293031

Sign-Up Form

Subscribe my Newsletter for new blog posts, tips & new photos. Let's stay updated!

Footer Logo
  • Nagpur City
  • Nagpur Education
  • Nagpur Sports
  • Business
  • Crime
  • Entertainment & Lifestyle
  • Featured
  • Health & Wellness
  • Nation
  • Politics
  • Trending
  • Vidarbha
  • Obituary
  • Privacy Policy
  • Disclaimer
  • Cookie Policy
  • Terms Of Use
  • Advertise with Us
  • Work with us
  • Contact Us

© 2020 - The Live Nagpur . All Rights Reserved.