India, Oct. 15 -- The National Consumer Disputes Redressal Commission (NCDRC) has ruled that an offer of apartment possession without an occupancy certificate (OC) does not amount to a legal offer, reaffirming homebuyers' right to seek refunds in delayed housing projects.

The order came in a case against Jaipur-based developer Mantra Lifestyle Homes Pvt Ltd, where the project, Unique Apex Towers, was delayed by approximately four years, and at least seven homebuyers had approached the NCDRC for relief.

"The complaint is partly allowed and the opposite parties are directed to refund the deposited amount of the seven complainants with interest at the rate of 9% per annum to the complainants from the date of respective deposits till its re...