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Petition against Ansal Properties filed with MRTPC

Our Bureau

NEW DELHI, Aug. 13

ANSAL Properties and Industries Ltd (APIL) has been dragged to the Monopolies and Restrictive Trade Practices Commission (MRTPC) and to a consumer court in the Capital by a Germany-based non resident Indian (NRI) for indulging in unfair trade practices.

According to the petition and application for compensation filed by the NRI businessman, Mr. Vijay Hotani, the non-delivery of and the resultant delay in possession of apartments to be constructed by APIL, had led to expenses, losses and damages, blockag e of capital and loss of interest to the extent of about Rs. 14 lakhs each for two apartments booked by him.

He has also sought interest at the rate of 24 per cent on the amount paid by him towards the purchase of the flat, till delivery of possession and on the damages till payment for the same is made by APIL.

The NRI businessman had booked two apartments in February 1995 at `Celebrity Homes', a project promoted by APIL in Gurgaon, near Delhi. The company had made assurances and promised to deliver the apartments within three-and-half years from the date of bo oking.

Mr. Hotani has claimed that the builders had also repeated this assurance of timely delivery in March 1997. However, in spite of full payment of the sale proceeds for the two houses having been made, possession of the two apartments are yet to be transfe rred in favour of the petitioner, the application claims.

Mr. Hotani, a resident of Berlin in Germany, runs a chain of retail shops and Indian restaurants there. He also has several business interests in India, including a plant for manufacturing solar power generators.