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…
MahaREAT Directs Sunteck Realty To Pay Rs. 21 Lakhs To Homebuyer As Interest For Delayed Possession
MahaREAT ordered Sunteck Realty to pay compensation to homebuyers for delayed possession of a property. The buyers had faced significant delays in receiving possession, and the tribunal ruled in their favor, awarding compensation for the delay. This ruling highlights the legal recourse available to homebuyers under RERA for delayed possession and reinforces developers’ obligation to meet timelines or face financial penalties.