MAM
The new Hyundai CRETA 2024 celebrates 1 lakh happy customers
Mumbai: Hyundai Motor India Ltd (HMIL) today announced one lakh sales for its best-selling SUV- The new Hyundai CRETA 2024. Launched in January 2024, the Undisputed, Ultimate SUV has delighted one lakh customers in just 6 months since its launch. With modern technology, exceptional safety, exhilarating performance, comfort and convenience features, the new Hyundai CRETA has been admired by customers and remains unchallenged in the industry.
Commenting on the achievement, Hyundai Motor India Ltd COO Tarun Garg said, “We are thrilled with the remarkable achievement of the new Hyundai CRETA 2024. Our SUV has achieved another milestone of one lakh sales, reaffirming its strong fan following in its segment. We are confident that the Hyundai CRETA will continue to set new benchmarks in the Indian automobile industry and delight customers.”
Based on Hyundai’s Global Design Language of ‘Sensuous Sportiness’, the new Hyundai CRETA presents a bold design catering to the new-age, tech-savvy customers who embrace the spirit of exploring. The new Hyundai CRETA, with its robust road presence and features such as an advanced Level 2 ADAS safety suite, powerful 1.5-litre Turbo GDI engine and a gamut of convenience and active & passive safety features, has redefined the SUV landscape in India once again. With features like a panoramic sunroof, adaptive cruise control, ventilated seats, a 10.25-inch touchscreen infotainment system, and a 360-degree camera, the new Hyundai CRETA 2024 is packed with innovative technology to provide a superior driving experience.
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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.
