MAM
ISL 2020: Hyderabad FC welcomes Vijay Sales as associate sponsor
NEW DELHI: Electronics retail chain Vijay Sales has come on board as Indian Super League (ISL) side Hyderabad FC’s associate sponsor for the 2020-21 season.
The association will see Hyderabad FC sport the Vijay Sales logo on all of their match jerseys throughout the ISL campaign.
Vijay Sales director Nilesh Gupta said, “This is our first association with sports and we are extremely happy to partner with Hyderabad FC. The club’s vision is impressive and with Telangana and AP being some of our key markets, we are confident this partnership will take us closer to our customers in this region.”
HFC co-owner Varun Tripuraneni said, “We are delighted to have on board one of the leading retail brands in the country. With the great presence of Vijay Sales in our region, this partnership will give us an opportunity to build some meaningful campaigns in the region and make it a win-win partnership for both brands. We wish this partnership is just a start of a much larger association in the years to come.”
“Creating this partnership was very rewarding as this is Vijay Sales’ first foray into sport and we at Creatigies believe this will be the perfect start where VS will see great value from such marketing endeavours,” said Creatigies Communications founder-MD Navroze D Dhondy.
With a product range of over 3,500 products and with a presence of over 100 stores across the country, Vijay Sales has emerged as one of the largest retail chains in the country. In 2019, Vijay Sales acquired a chain of consumer durable retail stores in Telangana and Andhra Pradesh under the name of TMC (Tirumala Music Center) and has now re-branded TMC to Vijay Sales.
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.
