Delay In Handing Over Possession, Karnataka RERA Directs Ozone Urbana Infra Developers To Refund 82 Lakhs To Homebuyer

In a Karnataka RERA case, Ozone Urbana Infra Developers was ordered to refund ₹82 lakhs to a homebuyer for delayed possession. The buyer had booked a flat in Bengaluru’s Ozone Urbana project, experiencing delays beyond the agreed-upon possession date. The Karnataka RERA authority directed the developer to refund the amount paid by the homebuyer along with an additional sum as compensation. The decision highlights RERA's role in protecting consumer rights and ensuring timely project completion.