Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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Informative
Failure To Provide Possession Within 48 Months, Haryana RERA Orders Pareena Infrastructures To Pay Interest To Homebuyer
Consumer Protection ActRERA & Property Act
In a recent ruling, Haryana RERA directed Pareena Infrastructures to compensate a homebuyer for delay in possession beyond 48 months, granting 10.75% interest on the investment. The ruling emphasized adherence to the timeline stipulated under RERA regulations, holding developers accountable for delays. The decision highlights the consumer protection aspect under RERA, ensuring timely possession and compensation for homebuyers affected by project delays.
