Homebuyers paid Rs 2.06 crore but got no flat, builder said payments meant accepting delay; Bombay HC orders interest payout from 2017 saying RERA allows for unconditional right to monthly interest
The Bombay High Court examined whether accepting delayed performance could deprive homebuyers of their right to interest under Section 18 of RERA. (Image for representative purpose only) What happens if the possession of your dream home is delayed? You buy an apartment, sign an agreement, make the necessary payments, but the builder repeatedly fails to…