13.01.21 Daily TNPSC Current Affairs
TAMILNADU TNRERA raps developer for one-sided agreement In a significant order, the Tamil Nadu Real Estate Regulatory Authority has ruled that a developer cannot demand arbitrary interest for delayed payments by homebuyers. The developers cannot exceed the rate of 10% interest fixed under TNRERA rules. In its order over complaints regarding delay in handing over apartments to 10 homebuyers, TNRERA termed a construction … Read more