India, April 29 -- The Gurugram bench of the Haryana Real Estate Regulatory Authority (HRERA, Gurugram) has directed a two developers to hand over a flat to homebuyers, pay interest on delayed possession, and refrain from levying unjustified charges, officials said on Tuesday.

In its April 7 order, the authority instructed two developers of the project in Sector 111 to pay interest at 10.80% per annum on the amount paid by the complainants. The interest is to be calculated from the promised possession date of June 7, 2015, until the offer of possession or actual handover, whichever is earlier, the order stated.

According to an HRERA spokesperson, the order followed a complaint by two allottees who alleged that despite paying Rs.1.79 cro...