Builder ordered to refund â¹7.1 crore to Mumbai homebuyers
Maharashtra Real Estate Regulatory Authority (MahaRera) has ordered JVPD Properties Private Limited to refund â¹7.1 crore along with a 15% interest to 21 homebuyers in Mumbai. The action was taken after the homebuyers' complaint on receiving a letter from the builder, stating that the project in Santacruz couldn't be completed due to the delay in various approvals.