As reported by PTI, the case pertained to a petition filed by one Rita Tikku, a cancer survivor, and Lokaish Tikku, who invested their life savings in the “Parsvnath Exotica” project in Sector 53, Gurugram. Despite paying the full sale consideration of approximately Rs 1.78 crore, the possession, originally due in 2013, never materialised. Two decades later, the project remains incomplete.
The petitioners had previously secured favourable orders from the Haryana Real Estate Regulatory Authority (HRERA) in 2021, which ordered compensation. However, the builder neither challenged the orders nor complied with them.
“Execution proceedings have become an exercise in futility,” the CJI said, adding that even when HRERA issued arrest warrants,…