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MahaRERA imposes Rs 10 lakh penalty on CCI Projects and CCI for delayed possession Maya M  0 The Maharashtra Real Estate Regulatory Authority (MahaRERA) has imposed a Rs 10 lakh penalty on a builder for not complying with its earlier order to hand over possession of six flats by 2019. It also directed the builder to pay interest on the payment made by the buyers from September 2016 till the handing over of flats with occupation / completion certificate and all agreed amenities. The order adds that the builder has to also pay interest of 9% p.a. (per annum) on the amount of consideration paid till now (Rs 8.4 crore) by complainants who had booked six flats in Wintergreen project in Borivali (east). The builder has also been asked to pay a sum of Rs 20,000 towards the cost of their complaint. 

Nirmala sitharamanSurali joshiAaditya pratapJabir patelCable corporation of indiaPvt ltdMaharashtra real estate regulatory authority mahaMaharashtra real estate regulatory authorityRivali parkRivali park projectCable corporationReal estateசுராலி ஜோஷிகாபிர் படேல்கேபிள் நிறுவனம் ஆஃப் இந்தியாபிரைவேட் லிமிடெட்