Topic

Deposit Refund

1 articleLatest May 2026
Section 7 Consumer Protection Act | Builder’s Failure to Deliver Flat Triggers Full Refund with 6% Interest from Deposit Date: Allahabad HC
Case Law Analysis
|Allahabad High Court

Section 7 Consumer Protection Act | Builder’s Failure to Deliver Flat Triggers Full Refund with 6% Interest from Deposit Date: Allahabad HC

Allahabad HC rules that buyers are entitled to a full refund of deposits with 6% interest from the date of payment if builders fail to deliver possession, even due to pending arbitration. The judgment reinforces consumer rights under equitable relief, ensuring financial protection for homebuyers in stalled real estate projects.