Haryana RERA Directs Signature Global To Pay Interest To Homebuyer Of Affordable Group Housing Project

The Haryana RERA directed Signature Global to pay interest to a homebuyer of an affordable group housing project due to delayed possession. The builder had failed to deliver the property within the promised timeline. The Commission noted that the delay was a violation of the terms agreed upon in the sale agreement. The RERA ruling provides clarity on the legal protections available to homebuyers in case of builder delays in the real estate sector.