A woman who bought a luxurious Versace-designed apartment in London for ₹16.6 crore has filed a lawsuit against the developers.
Woman Sues Developers Over Luxury Versace-Designed Apartment in London
London-based accountant Mi Suk Park has sued the developers of a ₹16.6 crore (£1.5 million) Versace-designed apartment, alleging that they failed to deliver the promised luxury standards. According to The Telegraph, she paid a ₹4.2 crore (£381,000) deposit for a two-bedroom apartment and a parking space in the 50-storey Aykon London One tower in Nine Elms, which the developers built in collaboration with the fashion house Versace.
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Park, who intended to use the flat as her main home until retirement, had sold her previous residence in 2019 to fund the purchase. The developers originally scheduled the apartment for completion in 2020, but construction delays postponed the handover to 2022. When she moved in, she discovered that one bedroom was smaller than expected, and one of the two bathrooms lacked a bathtub—a key feature she had believed was part of the design.
Taking the matter to Central London County Court, she filed a lawsuit seeking ₹7.7 crore (£700,000) in damages. Her lawyer, Nazar Mohammad, stated that the developers presented her with a layout that was “materially and manifestly different” from the actual flat she received after making the deposit.
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Legal battle
“The apartment was an ‘off-plan’ purchase on the 29th floor facing west and was meant to have two bedrooms and two bathrooms, with a bathtub in each,” said Mohammad. “It was to be an open-plan layout. The defendant provided a plan appended to the sales and purchase agreement, and she signed the same plan.”
The developers, a Jersey-based entity owned by a Dubai parent company, have countered the lawsuit, accusing Park of failing to complete the purchase.
Rupert Cohen, representing the developers, argued that the brochure only displayed example apartments, pointing out that “at the top of each page, it says ‘typical layout’.”
“Park refused to complete and instead, purported to rescind the contract by letter dated 14 October 2022. Subsequently, the defendant served notice to complete on 22 November 2022 and, following the claimant’s failure to complete, a notice of termination on January 9, 2023. Park issued these proceedings on 21 April 2023,” he stated.
The case remains ongoing as both parties battle over the dispute in court.