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Delayed Construction in non-RERA Complaint Project: Homebuyers to Get Refund with 11% Interest from Builder as per Telengana RERA Order

Varun Singh, Founder and Managing Partner, Foresight Law Offices India said, “Penalty for violating statutory norms in a welcome step from the point of view of homebuyers. However, to ensure there is 100% regulatory compliance, it’s important that RERA extends the penalty to its highest amount for aggravated conduct of builders”

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