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Tag Archive for "claim-on-the-basis-of-the-rules-or-agreement" -

CentrikBlogsclaim on the basis of the Rules or Agreement

Tag: claim on the basis of the Rules or Agreement

Does RERA Authority have the power to grant interest?

Posted by Adv. Lakshay SoniPosted on January 1, 2019February 6, 20197 Comments on Does RERA Authority have the power to grant interest?Categories RERA ConsultingTags aggrieved home-buyers can file their complaint against the builders, claim on the basis of Act, claim on the basis of the Rules or Agreement, Panchkula Bench of Haryana RERA, refund along with interest, RERA in Panchkula

In many complaints, the builder contends that “Interest” is in the nature of compensation and it has to be decided by the Adjudicating officer and RERA Authority does not have any jurisdiction related to the decision of granting interest.

7 Comments on Does RERA Authority have the power to grant interest?
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