India, July 17 -- Holding that a homebuyer cannot be made to wait indefinitely for possession of a flat, the National Consumer Disputes Redressal Commission (NCDRC) directed Pune-based Kakade Construction Company Pvt Ltd to complete two flats in its Kakade City project within three months or refund the buyers' money with 15% annual interest.

In an order passed on July 14, a bench comprising presiding member Justice Sudip Ahluwalia and member Sadhna Shanker partly allowed a consumer complaint filed by Pune residents Ajay Anant Dhurve and Renuka Ajay Dhurve, who had booked two flats in the Kakade City project at Hingane (Budruk) in 2006 but have been waiting for possession for nearly two decades.

According to the order, the couple booked ...