Haryana RERA Orders Interest To Homebuyer For Delayed Possession, Also Holds Agreement Is Biased
www.livelaw.in
Additionally, the authority observed that the buyer's agreement is unfairly biased in favour of the builder. While the Homebuyers were only entitled to delayed possession charges at Rs. 7.50 per sq. ft. per month, the builder could charge 24% interest per annum on delayed payments. This imbalance is
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- Additionally, the authority observed that the buyer's agreement is unfairly biased in favour of the builder. While the Homebuyers were only entitled to delayed possession charges at Rs. 7.50 per sq. ft. per month, the builder could charge 24% interest per annum on delayed payments. This imbalance is unjust, as the builder cannot exploit their domin...
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