Mohali, Oct. 25 -- The Punjab Real Estate Regulatory Authority (RERA) has set aside Sushma Buildtech Limited's cancellation of a Zirakpur flat allotted to two women from Kaithal and directed the developer to offer possession after obtaining a completion certificate and pay interest at 11% per annum for the delay.

In an order, the authority directed the developer and its representative, Binder Pal Mittal, to pay interest on Rs.36 lakh from August 3, 2024, the agreed possession date, until the date of the order. It also ordered interest at the same rate from the order date until actual possession or two months after the competent authority issues the completion certificate, whichever comes first.

The authority gave the respondents 90 days...