The Haryana Real Estate Regulatory Authority (RERA) has held that Emaar MGF Land failed to meet its contractual obligation to hand over a flat in its Emerald Floors Premier Phase III project in Gurugram on time, and directed the developer to pay delayed possession interest at 10.85% per annum from 28 May 2014 until the offer of possession plus two months or the actual handover, whichever...
