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…
Haryana RERA Directs Savyasachi Infrastructure To Refund Amount With Interest To Complainant Who Booked Commercial Unit
The Haryana Real Estate Regulatory Authority (RERA) has directed Savyasachi Infrastructure to refund the amount with interest to a complainant who had booked a commercial unit in their project. The order was issued due to the developer's failure to deliver the unit within the agreed-upon timeframe. This decision underscores the protection afforded to homebuyers under RERA and the obligations of developers to adhere to promised timelines. The directive for a refund along with interest aims to compensate the buyer for the financial loss and inconvenience caused by the delay. This ruling reinforces RERA's role in ensuring accountability and transparency in the real estate sector.