Rera Haryana orders realtor to refund cash payment, refers case to I-T dept

RERA Haryana has ordered a realtor to refund a cash payment and has referred the case to the income tax department. The authority directed the builder to refund ₹10 lakh in cash and pay an additional ₹7.73 lakh in interest to a homebuyer. The decision was based on the fact that the builder had refused to provide a specimen of his signature on the cash receipt. The order is a significant step towards addressing the problem of black money in the real estate sector and is a crucial reminder to all builders that they must be transparent in their dealings.