Informative

Elusive flat: Rera tribunal orders promoter to pay interest on refund

Update / Judgement Date

11 Mar 2025

Source

Times of India

Author

Team — WCP Legal Desk

Reading Time

1 min read

Other Legal MattersRERA & Property Act

A RERA tribunal in Bengaluru has ordered a promoter to pay interest on a refund for an elusive flat. This decision aims to protect homebuyers' rights and ensure fair practices. The move reflects the tribunal's commitment to enforcing RERA regulations. The order involves specific financial obligations.

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Elusive flat: Rera tribunal orders promoter to pay interest on refund

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