HRERA Fines Shine Buildcon for Delay in Commercial Unit Delivery

Dated on: Monday 4th August 2025

Haryana RERA has penalized Shine Buildcon Pvt. Ltd. for a delay in handing over a commercial unit in its 70 Grandwalk project, Sector 70, Gurugram. The buyer booked the unit in 2014 with possession due by May 2019, but it was offered only in November 2023. HRERA directed the developer to pay 11.1% annual interest as compensation and rejected excuses like GST rollout, demonetisation, and COVID-19 as unjustified. The authority also barred the builder from imposing extra charges not mentioned in the original agreement and instructed execution of the conveyance deed without further delay.