OC in 2020, Keys Only in 2023: Tribunal Forces Builder to Pay Interest Till Actual Possession
Tribunal rules interest runs till actual keys are handed over, not till OC. Builder also cannot charge maintenance for the period possession was withheld.
MahaRERA Orders Interest for Delayed Possession in Kalyan’s Vrundavan Project
MahaRERA directs Shree Vasturachana Developers to pay interest for delayed possession in Vrundavan project, Kalyan, as physical handover without OC ruled invalid. Buyer wins compensation under Section 18.