RERA Orders Interest Payout After Builder Fails to Deliver Flat
A homebuyer paid Rs 39.15 lakh for a flat priced at Rs 41.85 lakh but did not receive possession. The builder blamed a jurisdiction dispute between PMRDA and PMC for the delay, which RERA rejected. RERA ordered the builder to pay interest to the buyer, allowing the remaining amount to be adjusted against this interest.
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