India, March 29 -- The Tamil Nadu Real Estate Regulatory Authority (TN RERA) has said labour shortages, material constraints and approval delays are 'lame excuses' for project delays, holding a developer in breach for cancelling an allotment and reselling the unit.
The authority ordered the builder to provide the buyer with a comparable unit within the same project, matching the original specifications and pricing agreed at the time of booking.
"This authority is of the view that the Respondent shall handover the possession of an apartment with similar specifications similar to the originally booked apartment in the same project to the Complainant at the terms and conditions agreed between the parties.," the order said.
In this case, t...
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इस लेख के रीप्रिंट को खरीदने या इस प्रकाशन का पूरा फ़ीड प्राप्त करने के लिए, कृपया
हमे संपर्क करें.