MahaRERA Directs Builder to Deduct 2% of Total Sum for Flat

MahaRERA Directs Builder to Deduct 2% of Total Sum for Flat Cancellation, ET RealEstate

The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed Raymond Ltd to deduct just 2% of the total consideration of a flat without any interest, after the developer forfeited the entire amount of about Rs 6 lakh paid by a couple, following the cancellation of their booking.

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