Six Years Delay In Completing Project, Karnataka RERA Orders Sashwati Realty To Refund

In a recent Karnataka RERA case, Sashwati Realty was directed to refund homebuyers due to a six-year delay in completing their project. The buyers filed complaints under the Consumer Protection Act, seeking refunds and compensation. The Karnataka Real Estate Regulatory Authority (RERA) found the developer at fault for non-compliance with project completion timelines, emphasizing consumer rights protection under RERA regulations. This decision underscores RERA's role in ensuring timely project delivery and consumer satisfaction in real estate transactions.