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Maradu flats: SC asks Kerala government to pay Rs 25 lakh interim compensation to owners  

PTI
Updated: October 25th, 2019, 14:30 IST
in National
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New Delhi: The Supreme Court asked the Kerala government Friday to give Rs 25 lakh interim compensation to Maradu flat owners after it was brought to its notice that some of them were given a lesser amount.

A bench of justices Arun Mishra and S Ravindra Bhat asked the builders of Maradu complex to deposit Rs 20 crore within one month with the court-appointed committee. The top court said the attached bank account of the builders will be detached for depositing the Rs 20 crore amount. The bench also asked builders to submit their banking details on affidavit with the court.

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It also rejected a prayer of builder association Confederation of Real Estate Developers Association of India (CREDAI) that the Maradu flats be not demolished and put to some other use.

“We are not going back from our demolition orders. This matter can’t be agitated afresh. Our order is final,” the bench said while rejecting the plea of CREDAI.

The top court also asked the one-member committee to assess the documentary proof of payments made by flat owners to builders after some homebuyers told the bench that they had paid more than Rs 25 lakh to the developers.

The Kerala government also informed the court that they have till now disbursed over Rs 10 crore as interim compensation to flat owners.

PTI

 

Tags: BankCREDAIFlat ownersKeralaMaraduSupreme Court
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