GURUGRAM: Haryana Real Estate Regulatory Authority (Hrera) has directed a developer to pay delayed possession charges at an annual interest rate of 10.8% to four homebuyers.Pyramid Infratech has been given 90 days from the date of the order to pay accrued interest to the four buyers — Subhasis Das,...
GURUGRAM: Haryana Real Estate Regulatory Authority (HRera) has ordered Pareena Infrastructure to pay nearly Rs 23 lakh as compensation to two homebuyers after it found that prolonged delay in handing over their flat had resulted in financial losses and mental harassment.The authority directed the...
GURUGRAM: The district administration has initiated recovery proceedings against more than 10 real estate developers who collectively owe nearly ₹296 crore in penalties imposed by Haryana Real Estate Regulatory Authority (HRera), marking one of the strongest enforcement measures yet to ensure...
GURUGRAM: Haryana Real Estate Regulatory Authority (HRera) has reinforced homebuyers’ right to compensation for delayed possession in projects Sovereign Floors at Alba, Esencia, Sector 67, and Coban Residencies, Sector 99A.In the Sovereign Floors case, Rera directed New Look Builders &...
GURUGRAM: Haryana Real Estate Regulatory Authority (HRera) has directed Ramprastha Promoter and Development Pvt Ltd to pay Rs 50 lakh in compensation with 11% annual interest to a homebuyer for a prolonged delay in the delivery of a residential unit in the developer’s Edge Tower project in Sector...
GURUGRAM: Eight years after a residential unit was booked in Sohna, the real estate regulator has directed the developer to hand over its possession to buyers besides ordering it to pay statutory delay possession interest to them until the actual handover. Haryana Real Estate Regulatory Authority...