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.