DSIIDC fleecing SME allottees

Querist : Anonymous (Querist) 20 April 2010 This query is : Resolved
Having recovered (1990-92) 60% more (@ 650/=) than the original (1988 scheme) premium @ 406/- per sq. mtr. much before the execution of lease deed (2006), Delhi State Indl. Dev. Corporation Ltd is not only demanding another (35%) enhancement (without any notice or justification) that too, with interest @ 18% p.a. but also Ground Rent (@2.5%p.a.) & Maintenance Charges (@2.5%p.a.)since 1992 (14 years ahead of lease) also with interest @ 18% p.a. without any services / maintenance (even for the name sake) by with-holding self-created requirement of NOC for getting building plan approval from MCD ?
Such restrictive / unfair trade practice by the monopolistic DSIIDC is further reflected in its fleecing such allottees for so-called delay in construction by demanding PENALTY @ Rs. 910/= per sq.mtr. instead of Hon'ble L.G.'s approved composition charges @ Rs. 10/= per sq. mtr. upto 4th year after date of lease execution or Rs. 20/= per sq. mtr. upto 5th year after lease execution (2006) ?
Would a suit u/s 89 or 90 CPC be advisable for timely legal intervention or Writ from High Court be effective / quicker ?

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