MAM
Sonam Kapoor is brand ambassador of IIJW 2013
MUMBAI: Bollywood actress Sonam Kapoor is poised to make a splash once again at the India International Jewellery Week (IIJW) 2013, presented by Gemological Institute of America (GIA) in association with PC Jeweller on 4 August 2013 at the Grand Hyatt in Mumbai.
The uber stylish Bollywood Diva, who has been associated with the fashion week for the last three years will once again walk the ramp at the glittering opening show, heralding the commencement of five days of glamour and grandeur.
IIJW has launched its latest campaign featuring the Bollywood Diva in a splendid aqua theme, looking sensuous in exquisite jewellery from Nirav Modi, Farah Khan, Gehna and Anmol Jewellers that she has adorned. The campaign which captures candid moments of the star highlights luxury and panache of the Indian jewellery.
GJEPC brand ambassador and actress Sonam Kapoor said, “The IIJW has over the years developed into a remarkable platform, allowing not only leading designers to showcase their talent and skills, but it has been very heartening for scores of young designers, who have presented their exemplary and inspiring work at this fashion week. As the brand ambassador for the GJEPC I applaud the effort of not only the young talent, but am also honored to be a part of GJEPC‘s endeavor to promote the mesmerising beauty and aura of the Indian jewellery to the world at large.”
This year, IIJW will see some of the leading jewellery names such as PC Jewellers, Nirav Modi, Birdhichand Ghanshyamdas, Kays Jewels, Gehna Jewels and Golecha‘s Jewels amongst others, besides 20 budding designers from GIA, IGI, NID & IIGJ.
Brands
Maharashtra panel orders Lodha to refund Rs 5 crore to homebuyers
Consumer court flags unfair practices in long-running property dispute case
MUMBAI: In a sharp rebuke to one of India’s biggest real estate players, the Maharashtra State Consumer Disputes Redressal Commission has directed Macrotech Developers to refund nearly Rs 5 crore to a senior citizen couple, Uttam and Anindita Chatterjee. The ruling, delivered on March 13, 2026, calls out the developer for “deficiency in service” and “unfair trade practices”, bringing closure to a dispute that has stretched over a decade.
The case traces back to 2015, when the couple booked a 3-BHK flat at World Towers in Lower Parel for Rs 12.22 crore, with possession promised within a year. What followed was a series of changes that complicated matters. After deciding to exit the project, they were persuaded to shift to a 4-BHK in another development priced at Rs 8 crore, with delivery scheduled for 2018. However, within months, the price was allegedly increased to Rs 10 crore. After demonetisation reshaped the market, similar flats were reportedly being offered at lower prices, but the couple were not given the benefit.
Despite paying over Rs 2.83 crore, the couple neither received possession nor clarity. Instead, in 2018, the developer unilaterally cancelled the booking, retained part of the amount as earnest money, and argued that the buyers were investors rather than consumers. The commission rejected this claim, observing that casual references to “investment” do not take away consumer rights when the purchase intent is residential.
The bench also held that the developer could not penalise buyers for payment delays while failing to meet its own delivery commitments. It noted the lack of formal documentation for revised terms and termed the prolonged retention of funds without delivering a home as exploitative.
As part of its order, the commission directed the developer to refund Rs 2.83 crore paid by the couple, along with interest at 10 per cent per annum, amounting to around Rs 2.12 crore. In addition, Rs 1 lakh has been awarded for mental agony and Rs 50,000 towards litigation costs, taking the total payout to over Rs 5 crore. The developer has been asked to comply within two months.
For now, the ruling serves as a reminder that in real estate, shifting terms and delayed promises can carry a significant cost.
