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The Economic Times
The Economic Times
Trending Desk

Gurgaon-based real estate company ordered to pay Rs 23 lakh compensation to buyers over delayed flat possession by Haryana RERA

The Haryana Real Estate Regulatory Authority (HRera) has directed Pareena Infrastructure to pay nearly Rs 23 lakh in compensation to two homebuyers over a prolonged delay in handing over their flat, which the authority found had caused financial losses and mental harassment, according to a TOI report.

The developer has been given 30 days to make the payment. In case of default, the outstanding amount will attract interest at 11% per annum until it is realised.

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