MahaRERA order overturned by appellate tribunal; developer's concession claim rejected
Maharashtra Real Estate Appellate Tribunal reversed a MahaRERA order, directing ITMC developers to pay interest on Rs 94 lakh for delayed possession of Sai Sapphire flats in Vikhroli. The interest is calculated at 2% above the SBI Highest MCLR from April 2019 until the actual possession with OC is handed over.
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