Haryana RERA mandates builders to compensate buyers for delays
GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has reaffirmed the right of homebuyers to seek compensation for delayed possession in the Sovereign Floors at Alba, Esencia, Sector 67, and Coban Residencies, Sector 99A. In the case of Sovereign Floors, Rera ordered New Look Builders & Developers Pvt Ltd to compensate Rs 39.7 lakh, along with Rs 1 lakh for mental anguish and Rs 50,000 to cover litigation costs. The buyer had booked a residential floor in 2011, expecting possession by August 2014, but the project remained unfinished. The buyer eventually withdrew in May 2023. Although HRera had previously mandated…