Mohali, Nov. 1 -- The Punjab Real Estate Regulatory Authority (RERA) has directed Omaxe Chandigarh Extension Developers Pvt Ltd to pay Rs.58 lakh as interest to a New Chandigarh couple for delaying possession of their four-bedroom apartment in its The Lake project. The authority also ordered the company to adjust the amount against the buyers' outstanding dues and hand over the apartment after completing it in accordance with the agreement.

RERA chairman Rakesh Kumar Goyal passed the order on a complaint filed by Rakesh Misri and his wife, Anju Rakesh Misri, on August 1, 2025 . The couple booked a 2,760-sq-ft apartment in Tower Emerald-B, Mullanpur, in April 2019. Under the agreement signed on July 15, 2019, Omaxe had to deliver possessi...