India, March 18 -- The Telangana Real Estate Regulatory Authority (TG RERA) dismissed a homebuyer's complaint seeking interest on Rs.62.5 lakh paid for an apartment, which the buyer cancelled after the developer refused to amend the sale deed. TG RERA stated that a buyer cannot insist on a specific sale deed format because neither the Real Estate (Regulation and Development) Act, 2016, nor the Telangana RE(R&D) Rules, 2017, mandate such a format.

The buyer withdrew from the transaction, claiming the developer's refusal forced the decision, and sought a full refund with interest. During the proceedings, the developer refunded the full Rs.62.5 lakh but contested the interest claim and denied any wrongdoing. TG RERA observed that the disput...