Haryana Rera orders refund with interest in BPTP Terra case, rejects limitation plea
Haryana Rera has ordered BPTP Limited to refund Rs 18.12 lakh with 2% interest to a homebuyer for its Park Terra project. The developer's claim that the complaint was time-barred was rejected, as Rera cited a continuing breach of contract. The authority also noted BPTP's attempt to forfeit more than the permissible earnest money, violating Rera provisions.
Haryana Rera has ordered BPTP Limited to refund Rs 18.12 lakh with 2% interest to a homebuyer for its Park Terra project. The developer's claim that the complaint was time-barred was rejected, as Rera cited a continuing breach of contract. The authority also noted BPTP's attempt to forfeit more than the permissible earnest money, violating Rera provisions. What's Your Reaction?
