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Paranjape Construction to compensate buyers from 1986

A construction company and its partner have been ordered by the Thane District Consumer Disputes Redressal Forum to compensate 45 individuals who purchased apartments in their scheme at Vasai in Maharashtra in 1986 with Rs 30,000 each for the failure to execute sale deeds in connection with those purchases over the course of the intervening years.

The payment must be made jointly by Paranjape Construction Company and its partner Jayant Moreshwar Paranjape within 30 days of the order's passage according to the directive given by the forum's president, V C Premchandani and a member of the forum, Poonam V Maharshi. The complainants were represented by attorney Ashwini Sarjine. The case was ruled ex-parte against the opponents, nevertheless, because they left before the hearing began.

In her testimony, Sarjine informed the forum that the complainants had reserved 410 square feet apartments in the company's building project at Vasai in the Palghar district in 1986. They had each contributed Rs 95,000 as a deposit toward the purchase of apartments.

She claimed that even though the complainants first occupied the apartments 26 years ago the corporation has yet to complete the selling paperwork. Therefore, the complainants had given the opponents formal notice that they were to execute the sale deed or else pay back the money in accordance with the market value of the properties.

Since the adversary disregarded the notice, the current complaint has been submitted. The forum called out the opponents in its order for engaging in "unfair trade behaviour." The adversaries did not present a defence or show up for the hearings.

It stated that the allegations made by the complainants against the opponents were proven to be false. The forum demanded that the adversaries pay each complaint Rs 30,000 as court costs. They were also told to complete the sale deed.

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