MahaRERA says OC for bare shell not full OC, issues recovery warrant
MahaRERA has issued a recovery warrant against Era Realtors, part of Omkar Realtors group, for failing to pay interest on delayed possession in the Alta Monte project. The warrant is for recovering ₹4.22 crore ($586,000) with interest from July 1, 2018, until the developer obtains a full Occupancy Certificate for Tower D. The possession has been delayed by 2,041 days, and the total interest due is ₹2.48 crore ($345,000). | Mumbai news
Source: hindustantimes.com