RERA orders Refund of Rs. 2.63 crores with interest to five home buyers
Six complaints five have been decided by the Authority
RERA orders refund of Rs. 2.63 crores with interest to five home Buyers
INDIA REPORTER NEWS
SOLAN : B.K. SOOD
SENIOR EXECUITIVE EDITOR
The spokesman said that out of these six complaints five have been decided by the Authority on merit in favour of allottees on 26 February, 2021 and respondent promoters have been directed to refund an amount of Rs. 2,63,09,559 alongwith simple interest at the 9.3 percent
The interest shall be payable from the dates on which different payments were made by complainants to respondent promoters. The refund along with interest is to be paid by respondent promoters jointly and severally to Complainants within four months from the date of this order.
The Authority has further directed the District Collector, Solan to attach the land and property of the present project, by making the necessary entries in revenue record, till the Complainants (home buyers) get refund of the amount paid along with interest
The order passed by Authority in this case has been uploaded on official website of the Authority.