RERA Impact: Homebuyer wins Rs 2.26 crore compensation after a 10-year delay in possession of flat; Know which legal rules helped him

RERA: The Haryana Real Estate Regulatory Authority recently held a builder liable to pay interest compensation to a homebuyer who paid Rs 1.07 crore for a flat in 2013. In the last 10 years the builder kept on promising the construction would finish however it did not. Read below to find out what legal RERA provisions were used which made Haryana RERA to order Rs 2.26 crore compensation to the homebuyer.

from Tax-Wealth-Economic Times https://ift.tt/j1wivq7