Can RERA Authority Award Statutory Interest Even If Allotee Withdraws From Project Claiming Lower Rate? Kerala HC Answers

In a significant legal development, the Kerala High Court, in a recent judgment delivered by the Honourable Mr. Justice A. Badharudeen, has provided clarity on the rate of interest payable in real estate disputes.  The ruling, which came on Tuesday, September 19, 2023, addressed two separate cases against NBCC (India) Limited, formerly known as the

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