Categories: Business

Homebuyer paid Rs 39.15 lakh but got no flat; RERA rejects builder’s excuse orders interest payout

The homebuyer alleged that the builder had invoked the PMRDA-PMC jurisdiction dispute only after the delay happened, using it as an excuse to explain why the flat had not been handed over to the buyer on time. The flat was priced at Rs 41.85 lakh, and the buyer had paid Rs 39.15 lakh. The remaining amount can be adjusted against the interest payable by the developer.

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