Mohali, May 10 -- After waiting more than six years for possession of their apartment in Omaxe's "The Lake" project at New Chandigarh, a Chandigarh couple secured relief from Punjab RERA, which directed the developer to pay around Rs.54 lakh as delay interest at 10.80% per annum and hand over possession after obtaining completion and occupation certificates.

Kabir Chauhan and Brindra Chauhan, residents of Sector 40-A, Chandigarh, had booked a 3BHK flat in Tower Caspean-E of the project in 2014. They signed the buyer's agreement with Omaxe Chandigarh Extension Developers Pvt Ltd in March 2015 for a flat measuring 1,920 square feet at a total cost of Rs.80 lakh. Represented by advocate Shahnawaz Khan, the couple told the authority they had...