Possession delay: MahaREAT asked homebuyer to pay Rs 13 lakh interest to builder despite 2.5 years delay in delivery of Rs 1.65 crore apartment

A Mumbai homebuyer will pay Rs 13 lakh interest to a builder. The builder must pay Rs 24 lakh interest for delayed possession. MahaRERA ordered both parties to pay interest for their respective delays. The homebuyer appealed this decision. MahaREAT dismissed the appeal, stating the homebuyer sought relief beyond the original complaint. Read more.