Homebuyer to get Rs 1.28 crore refund with interest as MahaRERA raps builder for prolonged delay in getting OC

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A homebuyer will receive a Rs 1.28 crore refund with interest from a builder. MahaRERA ordered the payment after the project failed to get an Occupation Certificate for over six years. Construction delays led to the landowner revoking the builder's rights. The authority ruled in favor of the homebuyer, ensuring their investment is returned with compensation for the prolonged wait.