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Delayed construction in non-RERA complaint project: Homebuyers to get refund with 11% interest from the builder as per Telangana RERA order

Varun Singh, Founder & Managing Partner, Foresight Law Offices India: Penalty for violating statutory norms is 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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