Kingston Properties Liable For Failure To Execute An Agreement For Sale After Receiving Advance Amount, NCDRC Confirms Award Of One Lakh Compensation

The National Consumer Disputes Redressal Commission (NCDRC) has ordered Kingston Properties, a builder, to pay ₹1 lakh in compensation to a complainant for failing to execute a sale agreement after accepting advance payments. The commission found the builder liable for deficiency in service and unfair trade practice. This ruling underscores the accountability of real estate developers to honor their commitments and proceed with property transactions in a timely and transparent manner once advance payments are received. The penalty serves as a deterrent against arbitrary delays and ensures consumer protection in the housing sector.