Haryana RERA Directs Apex Buildwell To Pay Interest To Four Homebuyers

Haryana RERA Directs Apex Buildwell to Pay Interest for Delayed Possession Haryana Real Estate Regulatory Authority (RERA) directed Apex Buildwell Pvt. Ltd. to pay interest to four homebuyers for delayed possession of flats in their affordable housing project. Despite full payment, the builder failed to deliver possession by the agreed date. The authority found the builder in violation of RERA regulations and ordered interest payment for the delay. The decision underscores the importance of timely possession and adherence to contractual obligations in real estate projects.