MS MURLI INFRATECH LLP vs IREO GRACE REALTECH PVT.LTD.

Order pronounced. Full refund is allowed alongwith prescribed rate of interest i.e. 10.70% per annum. Detailed order will follow.  Matter stands disposed off.  File be consigned to the registry.

Order could not be pronounced. Adjourned to 31.03.2023  for pronouncement of order.

The complaint was filed on 04.09.2019 and the reply on behalf of respondent was received on 01.10.2019. Succinct facts of the case as per complaint and annexures are as under: S. N. Particulars Details 1.       Name and location of the project “The Corridors” situated at Sector-67A, Gurgaon. 2.       Nature of the project Group Housing Colony 3.       Project area 37.5125 acres 4.       DTCP license no.                       05 of 2013 valid up to 20.02.2021 5.       Name of licensee M/s Precision Realtors Pvt. Ltd. and 5 others 6.       RERA Registered/ not registered Registered Registered in 3 phases Vide 378 of 2017 dated 07.12.2017(Phase 1) Vide 377 of 2017 dated 07.12.2017 (Phase 2) Vide 379 of 2017 dated 07.12.2017 (Phase 3) Validity Status 30.06.2020 (for phase 1 and 2) 31.12.2023 (for phase 3) 7.       Allotment Letter 07.08.2013 (annexure C-3 on page 60 of the complaint) 8.       Date of apartment buyers’ agreement  Not executed 9.       Unit no. 101, First Floor, Tower C8 (annexure C-3 on page 60 of the complaint) 10.             Unit area admeasuring (super area) 1312.50 sq. ft. (annexure C-3 on page 60 of the complaint) 11.             Date of approval of building plan 23.07.2013 (as per project details) 12.             Date of environment clearance 12.12.2013 (as per project details) 13.             Date of fire scheme approval 27.11.2014 (as per project details) 14.             Possession clause (Taken from executed buyers agreement of same project in similar complaint in CR/1105/2021)   13.3 Possession and Holding Charges The company proposes to offer the possession of the said residence unit to the allottee within a period of 42 months from the date of approval of building plans and/or fulfillment of the preconditions imposed thereunder (Commitment Period). The Allottee further agrees and understands that the company shall additionally be entitled to a period of 180 days (Grace Period), after the expiry of the said commitment period to allow for unforeseen delays beyond the reasonable control of the Company. (Emphasis supplied) 15.             Reminders for payment For Third Instalment: 13.04.2014, 04.05.2014 For Fourth Instalment: 29.03.2015, 23.04.2015 For Fifth Instalment: 29.02.2016, 28.03.2016 For Sixth Instalment: 19.04.2016, 11.05.2016 For Seventh Instalment: 24.05.2016, 17.06.2016 For Eight Instalment: 29.06.2016, 22.07.2016 Final Notice: 28.07.2016 16.             Date of cancellation letter 01.09.2016 (annexure R-27 on page no. 92 of reply) 17.             Restoration of unit 30.05.2017 (vide email on annexure R-29 of reply) 18.             Due date of possession 23.01.2017 (calculated from the date of approval of building plans) Note: Grace Period is not allowed. 19.             Total sale consideration Rs. 1,45,22,006/- (as per payment plan on page no. 63 of complaint) 20.             Amount paid by the complainant Rs. 1,54,70,483/- (as alleged by complainant) 21.             Occupation certificate 27.01.2022 (as per project details) 22.             Offer of possession 16.02.2022   Arguments heard. Order reserved. Matter to come up on 24.03.2023  for pronouncement of order.