The Haryana Real Estate Regulatory Authority held that a buyer who has paid in full and taken possession cannot be blocked from selling or transferring the property just because the promoter has not executed the conveyance deed. The promoter, Apex Build-well, was ordered to pay 11 percent interest on the Rs 27 lakh paid for a commercial shop in Sector 37C, Gurugram, along with compensation and litigation costs.
We have not written our own note on this one yet. The source report and, where we found it, the primary document are linked below.