India, March 25 -- Homebuyers of the Ozone Urbana project in Bengaluru have withdrawn all seven cases filed with the Karnataka Real Estate Regulatory Authority (KRERA) after facing prolonged delays in securing relief for their stalled apartments. They charged KRERA with being 'completely ineffective and toothless' in delivering justice.

"With no resolution in sight, they decided to step away from the regulatory process," said one homebuyer who wished to remain anonymous.

According to a KRERA order dated March 18, accessed by HT.com, Ozone Urbana Buyers Welfare Association withdrew all the cases pending in KRERA. K-RERA chairman Rakesh Singh and member G R Reddy issued the order permitting the buyers to withdraw all the cases.Also Read: ...