Mumbai- Though providing the society conveyance is mandatory for builders, many of them don’t do it. Consumer Redressal forum has slapped a fine of Rs. 3 lakhs on such builder namely Ms NG builders for not completing the conveyance process. The builder has given a four months’ time frame to pay the fine.
“They have not only asked to pay the fine but have also ordered builder to pay it with 9% interest,” said Mithil Sampat, advocate.
Since many years, builder of Versova’s ‘Our Sky Heaven society’ was avoiding to complete the process of conveyance. Hence the society took the help of Consumers Redressal Forum.
"This decision will make other builders to complete the conveyance in time" , said Mithil Sampat.