• Delhi HC orders NBCC to refund homebuyer over Rs 76 lakh with interest

    Delhi HC orders NBCC to refund homebuyer over Rs 76 lakh with interest New Delhi: The Delhi High Court has ordered the National Buildings Construction Corporation (NBCC) to refund a sum exceeding Rs 76 lakh to a homebuyer due to the non-delivery of a flat initially purchased in 2017. Justice Subramonium Prasad, overseeing the case, stressed the significant emotional and financial impact on the buyer, directing the repayment of the full amount with an interest rate of 12 per cent from...