NBCC Directed by Delhi High Court to Pay Compensation to Homebuyer for Mental Agony
The Delhi High Court has ruled that the National Buildings Construction Corporation (NBCC) must compensate a homebuyer with Rs 5 lakh for the severe mental distress caused. Justice Subramonium Prasad, presiding over the case, highlighted the anguish endured by the homebuyer due to NBCC’s failure to refund his money along with interest, despite structural defects found in the building project he had invested in.
As a consequence, the court ordered NBCC to refund the entire sum of Rs 76 lakh, along with 12 percent interest from January 30, 2021, when the possession certificate was issued. Justice Prasad condemned NBCC’s stance as unfortunate, emphasizing the arduous journey faced by the petitioner, who invested his life savings in buying a home.
The court underscored that purchasing a house is a significant life investment involving meticulous planning and emotional commitment. Failure of builders to fulfill their promises not only undermines the trust and financial stability of homebuyers but also subjects them to immense stress, anxiety, and uncertainty.
Compensating aggrieved homebuyers is deemed essential not only to rectify past wrongs but also to deter future misconduct. The judgment was passed in response to a plea by Sanjay Raghunath Piplani, a flat owner in NBCC’s Green View Apartments project launched in 2012.
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