Mohali, Nov. 26 -- The Punjab Real Estate Regulatory Authority (RERA) has directed Omaxe Chandigarh Extension Developers Pvt Ltd to pay Rs.44.63 lakh to a couple for not delivering their flat on time.

The couple, Anil Kumar Sanghi and Sunita Sanghi, both former bureaucrats, had booked a flat at The Lake project in New Chandigarh by paying Rs.76.47 lakh in 2015.

The possession was promised by September 7, 2019. However, a valid offer of possession was made only on June 27, 2025.

Penalising the developer for this delay, the authority directed that Rs.44.63 lakh be paid to the couple as interest. It ordered issuance of a Debt Recovery Certificate if Omaxe fails to pay within 90 days.

The authority further clarified that although the 2015...