No one appears for the revisionist-petitioner today.   After hearing him on the first ever date of hearing, we had issued a limited notice to the opposite party-builder as to whether in the given facts and circumstances of the case, viz. that the project envisaged by the opposite party that could not even take off, the award of interest @6% per annum on the amount paid by the complainant, was justified.  It is not disputed that one of the stipulations contained in the letter of allotment/sale agreement, was that in case of default in making timely payment of the remaining instalments, the purchaser would be liable to pay interest @18% per annum for the defaulted period.  We see no reason why in this case when as per the opposite party-builder the envisaged project could not take   off,   the   interest

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should not be awarded to the complainant on the said rate.  In our view, the fora below have gravely erred in restricting the rate of interest at 6%, which cannot be said to be an adequate compensation to buyer of the tenement placed in such a situation. 

We are, therefore, of the opinion that the order passed by the fora below should be modified to the extent that the opposite party is directed to refund the deposited amount of Rs.90,800/- alongwith interest @18% per annum w.e.f. the date of deposit till its payment.  The payment shall be made to the complainant-petitioner within a period of four weeks by means of a demand draft. 

The revision petition is disposed of accordingly.