Mohali, Oct. 5 -- The district consumer disputes redressal commission directed Shivjot Realty to pay 9% annual interest on the amount deposited by two homebuyers for delaying possession of a residential floor at Roseate Homes, Zirakpur, by more than eight months.

The commission passed the order on a complaint filed by Jyoti Sharma of Solan, Himachal Pradesh, and Deepak Gautam of Sector 46-A, Chandigarh. The buyers had booked a 3BHK residential floor, Unit 21-B, on the second floor of Plot Number 21 at Roseate Homes, near Tribune Colony on Gazipur Road, for Rs.44 lakh.

Under the agreement for sale executed on September 7, 2023, the developer was required to hand over possession by December 31, 2023. However, the buyers said the developer...