MahaRERA Orders Builder To Pay Interest To Homebuyers Of Suburbia Estate For Delayed Possession

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ordered the builder of the Suburbia Estate project in Pune to pay interest to homebuyers for delayed possession. Four buyers filed complaints under Section 18 of the RERA Act, citing delays beyond the agreed dates and misuse of funds. The builder argued against the claims, citing missing agreements and non-inclusion of certain parties in complaints. However, MahaRERA held the builder liable and directed payment of interest, highlighting the partnership's collective responsibility and the legality of a single legal entity for married complainants.