#delay in possession

NCDRC upholds 9% interest on refunds for delayed plot possession, reinforcing the Supreme Court's ruling in Experion Developers v. Sushma Ashok Shiroor. The decision sets a binding precedent for real estate disputes, ensuring homebuyers receive statutory interest for developer delays.

Supreme Court holds that builders cannot evade statutory liability for delay in handing over possession by relying on one-sided contractual clauses under the Consumer Protection Act.