Haryana RERA Directs Ambience Projects To Hand Over Possession To Homebuyers, Pay Interest For Delay

In a recent ruling, the Haryana RERA directed Ambience Projects to hand over possession to homebuyers, compensating them for delayed possession. The authority emphasized the homebuyers' right to prompt possession under the RERA Act, citing Ambience's failure to meet deadlines despite receiving substantial advances. The decision underscores RERA's commitment to consumer protection and adherence to project completion timelines, aiming to safeguard buyer interests against undue delays by developers.