Delay Of More Than Nine Years, Haryana RERA Directs Builders Of Capital Gateway Project To Pay Interest & Handover Possession To Homebuyer

Haryana RERA has directed the builders of the Capital Gateway project to pay interest to a homebuyer and hand over possession after a delay of more than nine years. This order underscores the strong stance of the Real Estate Regulatory Authority (RERA) in protecting the interests of homebuyers. The directive for interest payment and possession highlights the accountability of builders for project delays. This case reinforces RERA's role in ensuring timely delivery of real estate projects and providing remedies to aggrieved buyers.