MAM
Saraf Furniture unveils Independence Day freedom sale
Mumbai: In honor of Independence Day, Saraf Furniture has announced the launch of its highly anticipated Freedom Sale. This exclusive event offers customers the opportunity to enjoy remarkable discounts of up to 60 per cent on an extensive selection of premium furniture and home décor items. With a wide array of choices available, the freedom sale is the perfect occasion for shoppers to refresh their living spaces with stylish, high-quality pieces at unbeatable prices.
Key highlights of the freedom sale:
. Beds: Enjoy unbeatable prices on our extensive selection of beds and mattresses, designed for comfort and style.
. Sofas: Upgrade your living space with our range of stylish and comfortable sofas, now available at significant discounts.
. Dining sets and kitchen essentials: Elevate your dining experience with our elegant dining sets and kitchen cabinets, perfect for family gatherings.
. Lamps, carpets, and rugs: Brighten your home with our beautiful collection of lamps, carpets, and rugs, all offered at special prices.
. TV units: Create a functional and stylish workspace or entertainment area with our range of desks and TV units.
. Bookshelves and storage solutions: Organise your home effortlessly with our practical and aesthetically pleasing bookshelves and storage options.
Saraf Furniture founder Raghunandan Saraf shared his enthusiasm, saying, “Our Freedom Sale is the perfect opportunity for customers to remodel their homes with high-quality furniture at unbeatable prices. It’s an ideal time for buying pieces that can improve your living area.”
Customers will find the freedom sale both on the website as well as in the showrooms of Saraf Furniture in Bangalore, Delhi, Hyderabad, Surat, and Rajasthan.
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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.
