Haryana RERA Holds AKME Projects Liable For Over 10 Years Of Delay In Manesar Project, Orders Refund To Homebuyer

The Haryana Real Estate Regulatory Authority (RERA) held Akme Projects Limited liable for a 10-year delay in their Manesar housing project and ordered a refund to the affected homebuyer. The authority termed the delay as a deficiency in service and emphasized that developers must adhere to promised timelines. The judgment reinforces the accountability of developers under the RERA Act and provides relief to homebuyers facing prolonged delays. It also highlights the role of RERA in protecting consumer interests and ensuring fair practices in the real estate sector, setting a precedent for dealing with similar cases.