However, when the Real Estate Regulatory Authority (RERA) Act came into force, the developer unilaterally changed the possession date to February 2019 while registering the project with MahaRERA, the regulator for Maharashtra
The MahaRERA appellate tribunal has ordered an Indiabulls subsidiary to refund the entire amount paid by a South Mumbai resident for a flat near Khalapur, along with interest for eight years and costs, for failing to hand over possession long after the agreed deadline.
https://www.freepressjournal.in/mumbai/mumbai-cumballa-hill-resident-gets-refund-with-interest-for-8-year-delay-in-project
Source: The Free Press Journal
