Delay condoned.

We have heard Learned Counsel for the Appellant and perused the impugned orders.

The only point raised by Learned Counsel for the Appellant in the present Appeals is that the State Commission has erred in law in directing the Petitioner to pay to the Respondents/Complainants interest @ 8% p.a. from the committed date of possession, i.e. 03.02.2015, for the delay in construction and handing over possession of the flats in question. 

It is not in dispute that in the Agreement, the Complainants/Allottees are liable to pay compounded interest @ 18% and, therefore, the State Commission has directed for payment of interest @ 8% on account of delay in construction and handing over possession of the flats.  In our opinion, the State Commission was perfectly justified in doing so.

We do not find any jurisdictional error in the impugned orders.  Consequently, the Appeals are dismissed.

The statutory amount deposited by the Appellant at the time of filing the Appeals shall be refunded to it.