Chandigarh, April 24 -- The State Consumer Disputes Redressal Commission, Chandigarh, has directed Dreamcity Realtors Pvt. Ltd. and its directors to pay pending assured returns and a penalty of Rs.1.1 lakh to a buyer after holding them guilty of deficiency in service and unfair trade practice in connection with a real estate project. The order was passed on April 16 by a bench comprising justice Raj Shekhar Attri, president of the commission, and member Preetinder Singh. The complaint was filed by Gurmeet Singh, a Jammu resident, who had booked a SOHO unit in the company's "Sushma Pristine" project in 2021 for Rs.52.72 lakh. A developer-buyer agreement executed on August 31, 2022, stated that possession of the unit would be delivered by August 30, 2027. According to the complaint, the builder had also signed a memorandum of understanding promising committed monthly returns till issuance of completion or occupation certificates. The assured return was fixed at Rs.89.95 per sq ft per month, amounting to Rs.52,724 monthly for the unit. The complainant alleged that while the company initially made payments, it stopped them from March 2024 onwards.The commission directed the builder and its directors to pay pending committed amounts from March 2024 onwards along with 9% annual interest. It also awarded Rs.75,000 as compensation for mental harassment and Rs.35,000 towards litigation expenses....