Gurugram: Vatika Ordered to Pay ₹62 Lakh for Delayed Plot Handover
GURUGRAM: The Haryana Real Estate Regulatory Authority (HRera) has mandated realtor Vatika Ltd to pay Rs 62.4 lakh in compensation to a couple after it failed to deliver a residential plot on time, according to an order dated April 7, 2026. Homebuyers Vinay Kumar and Shalini Kumari purchased a 240 square yard plot in the developer’s ‘Vatika India Next’ project in Sector 85 back in 2010. The agreed purchase price was Rs 62.7 lakh, with possession promised by July 27, 2013. The authority discovered that the assigned plot was not included in the approved layout, and no development had occurred…