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Go sparkle in diamond with Gargi by PNGS with Gold and Diamond collection.
Mumbai: Gargi by P N Gadgil & Sons (PNGS) has taken this season’s festivities to a new high by unveiling its 14Ct real diamond gold jewellery pieces certified by IGI for authenticity. These options will be available in gold, rose gold, and white gold. This delightful collection of real diamonds will come with certificates in the packaging and add a tremendous style quotient to Indian women’s festive wardrobes.
Gold is the colour of wealth, opulence, and celebration in India, and festivities are incomplete without the glitter of pure gold for any Indian household. With gold consumption set to cross an unprecedented 800 tonnes in 2023, a need was felt to introduce some high-quality, uniquely designed, and rightly priced gold and diamond jewellery in the price range of Rs 5k to 50k. Through such an extensive range of offerings, Gargi by PNGS has ensured that every woman will have one or other diamond jewellery options.
Speaking about this, Gargi by PNGS co-founder Aditya Modak said, “We already made a great impact with our unbeatable fashion jewellery offerings, and this festive season, we have witnessed a lot of pent-up demand for gold and diamond jewellery that suits every budget. Gold is a perennial favourite of Indian women; this year’s trend demanded real gold and diamond jewellery in hues such as rose gold and white gold, and that’s a market gap that Gargi will cover through the new collections. We will make the real gold and diamond jewellery available throughout our digital and physical retail networks, including all our franchise stores, shop-in-shop outlets, company showrooms, and online portals.”
Named after the ancient Indian female scholar from the Ramayana era, Gargi is also one of the names of Goddess Durga. Drawing from both, Gargi has created a diverse range of masterpieces that create an aura of the wearer being beautiful, honest, stylish, fearless, and scholarly. Based on the iconic P N Gadgil & Sons brand, an entity with over Rs 10,000 crore in annual turnover, Gargi by PNGS has maintained similar operational excellence, customer understanding, and quality.
As Gargi by PNGS continues to unfold new chapters of success, it remains dedicated to providing its customers with innovative shopping solutions that match their evolving needs and aspirations. The new gold and diamond jewellery launches reflect Gargi’s vision to create a remarkable retail journey and fast-track growth ambition.
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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.
