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Haryana RERA orders builder to pay 10.80% interest after a decade long homebuyer fight

Economy
Published on 29 April 2026
Haryana RERA orders builder to pay 10.80% interest after a decade long homebuyer fight

Two buyers waited 10 years before relief

Haryana RERA’s April 7 order backed two allottees in the Capital Gateway project against Gurugram-based M/s KNS Infracon Pvt Ltd and its associate developer. The buyers had booked 2,675 sq ft flats each and paid over Rs 1.8 crore, but waited for years. The regulator directed the builder to pay 10.80% interest, delivering relief after a long delay.

  • HRERA ruled for two allottees in Capital Gateway
  • Each buyer booked 2,675 sq ft and paid over Rs 1.8 crore
  • Builder ordered to pay 10.80% interest after delays
  • Case highlights accountability in stalled real estate projects
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

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