Supreme-Court-Holds-Greater-Mohali-Area-Development-Authority-GMADA-Not-Liable-to-Reimburse-Home-Loan-Interest-in-Delayed-Housing-Project-Refund-Case-—-Upholds-Refund-with-8-Interest-₹60000-

Supreme Court Holds Greater Mohali Area Development Authority (GMADA) Not Liable to Reimburse Home Loan Interest in Delayed Housing Project Refund Case — “Upholds Refund with 8% Interest, ₹60,000 Compensation for Harassment, and ₹30,000 as Litigation Costs to Homebuyer”

Court’s Decision The Supreme Court allowed the appeals filed by Greater Mohali Area Development Authority (GMADA), holding that GMADA was not liable to reimburse the interest paid by the complainants…