Mumbai Man Awarded Rs 86 Lakh Refund After 10-Year Delay for Panvel Flat

A Mumbai man has been awarded a significant refund after a lengthy legal battle over a delayed flat possession in Panvel. The District Consumer Commission ruled in favor of the homebuyer, ordering the developer to refund Rs 86.37 lakh, including 9% interest, for failing to deliver the flat as promised in 2015. The buyer had initially booked the flat for Rs 50 lakh but faced nearly a decade-long wait for possession. The commission rejected the buyer's claims for additional interest and amenities, citing Supreme Court precedents. The developer was unable to provide a satisfactory explanation for the repeated delays.