Pay 11% interest to buyer for delay in flat handover: Haryana RERA to Agrante Realty

A Gurugram Rera bench has ordered Agrante Realty to pay 10.9% annual interest to a homebuyer. The builder failed to deliver a flat in the Kavyam project despite receiving almost full payment. Rera rejected the builder’s excuses for the delay. The authority is taking a strict approach towards delayed affordable housing projects.

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