You Searched for: property refund interest
The NCDRC has ruled that developers must obtain Occupancy Certificates before handing over possession, entitling homebuyers to full refunds with interest if this requirement is violated, marking a major win for consumer protection in India's real estate sector.
- 25th Oct 2025
- 1160 Views
The National Consumer Disputes Redressal Commission has ruled that developers offering possession without an Occupancy Certificate must refund homebuyers with interest, setting a landmark precedent for buyer protection.
- 16th Oct 2025
- 1232 Views
Haryana RERA directs Panipat developer to refund ₹10 lakh cash payment with ₹7.73 lakh interest while referring case to Income Tax Department for black money investigation.
- 20th Aug 2025
- 1259 Views
In a strong move, TGRERA orders a builder to refund ₹15.1 lakh or register an unencumbered plot with 11% interest—reinforcing buyer protection in Telangana real estate. The Telangana RERA has directed a builder in the SV Golden City 5 project to either register a clear-title plot or return the full
- 19th May 2025
- 1341 Views
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