Certainly! Here’s a rewritten version of the content:
—
The Haryana Real Estate Regulatory Authority (Ha-RERA) has mandated builder Chintel to refund the buyer, Kumar Mangalam Dalmia, with an interest rate of 10.85% per annum.
Dalmia, a complainant against the Chintel Paradiso housing society, had approached the RERA court in Gurugram, seeking a complete refund of his principal amount along with interest based on the current market value of his flat in Chintel Paradiso, Sector 109, Gurugram.
In February 2022, a tragic collapse at Chintel Paradiso resulted in the loss of lives.
Despite paying over Rs 1 crore for his flat in H tower as part of a construction-linked payment plan, Dalmia had not received possession by the time he filed his complaint in 2023.
Following the incident, he decided to retrieve his funds, claiming interest at the existing property valuation. He escalated the issue to RERA in 2023, and the court ruled in his favor based on the merits of the case.
The order stated, “The complainant is entitled to a refund of Rs 17,051,397 as evaluated by the committee, and this amount is to be compensated by the respondent builder. Additionally, the complainant is to receive Rs 200,000 for mental distress and Rs 50,000 towards legal costs.”
The directive further instructs the respondent to pay the compensation along with an interest rate of 10.85% per annum from the date the valuation was assessed until the amount is fully realized.
—
Feel free to modify further if necessary!
