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According to the agreement, which was signed in December 2007, the firm was bound to deliver possession within 24 months of approval of service plans. The Supreme Court on Wednesday directed a real estate firm to refund over Rs 43 lakh to a plot buyer with 18 per cent interest. The top court enhanced the compensation originally ordered by the National Consumer Disputes Redressal Commission (NCDRC), which had fixed the rate at 9 percent on more than Rs 43 lakh to be paid by M/s Business Park To ...Read More >
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