Co-Promoters Are Also Liable To Pay Refund With Interest To Allottees In Case Of Delay Under Section 18 Of The RERA: Bombay High Court

In a recent judgment, the Bombay High Court, in the matter of Neeta Sawant vs. [Respondent No.1], addressed a crucial issue concerning the liability of promoters under the Real Estate (Regulation and Development) Act, widely known as RERA. The case delves into the obligations of developers and the protection of interests for consumers in real estate projects. Background: The case revolves around a project named 'The Nest,' jointly developed by…