मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
SC ups interest rate to 18% in ₹43 lakh refund case
The Free Press Journal - Mumbai
|September 27, 2025
The court observed that the developer’s conduct — marked by prolonged delays, unfair penalties on the buyer, and over a decade-long wait — warranted higher compensation
The Supreme Court has directed a Delhibased real estate developer M/s Business Park Town Planners Ltd. to refund over Rs43 lakh to a plot purchaser, with the simple interest rate enhanced from 9% to 18% per annum.
The order was delivered by a bench of Justices Dipankar Datta and Augustine George Masih, which turned down the earlier order of the national consumer disputes redressal commission (NCDRC) that had capped the interest at 9% p.a.
यह कहानी The Free Press Journal - Mumbai के September 27, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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