A B.C. man who lost almost $82,000 in a pre-sale condo deal after failing to meet contract terms is facing a defamation lawsuit by the developer, which claims he carried out a concerted campaign to hurt the company’s business after losing his deposit.
In 2021, Sudip Sehgall put down a $81,990 deposit on a yet-to-be-built townhouse in a 127-unit complex in south Surrey, B.C.
Sehgall told CBC News that when his home in New Delhi could not be sold in time he was unable to close the deal on his new property, and he forfeited his deposit.
On March 20, 2024, Sehgall, 52, filed a civil action with B.C. Supreme Court against StreetSide Developments Ltd. in an attempt to recoup his losses, claiming he was denied a chance to resell or reassign the unit to a new buyer so he could rescue his deposit.
But in a counterclaim filed April 12, StreetSide alleged …