India, Feb. 24 -- In a case impacting thousands of homebuyers and investors, including senior citizens, who put their life savings into premium commercial projects under the global World Trade Center brand, the promise of a completed unit, along with monthly 'assured returns', has come to an end. Even after more than a decade and paying nearly 85% of the purchase price, buyers have received neither the promised income nor possession of their units.
Buyers allege that they were sold the concept of so-called 'unlockable spaces' to create the illusion of a real estate investment. With their expectations shattered, buyers continue to move from one legal forum to another in a prolonged and uncertain search for justice. Several cases have been...
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