Can homebuyers seek compensation for delayed delivery of flat even after possession? Supreme Court answers
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Summary
The Supreme Court recently held that a homebuyer can claim compensation for delayed delivery of a flat even after taking possession of the property [TKA Padmanabhan v. Abhiyan Cooperative Group Housing Society Ltd]. A Bench of Justices Vikram Nath and V Mohana said that mere possession does not extinguish the right of the homebuyer to seek compensation for delayed delivery. It restored a consumer complaint that had been referred to arbitration without being decided on merits.“The subsequent rece