In the recent judgment MAHARERA has asked developer Sheth group to forgo 5% balance payment to be received by buyer against full and final payment due to delay in possession. Developer has been instructed to give possession of the flat by 31st March 2018. 95% amount to be deemed as full and final payment received by buyer.
"We are ready and willing to handover the possession of Neha Agarwal’s Flat on or before 31st March 2018. We are seeking clarity from the honourable court on the matter of the 5% due from the customer," Sheth Group said in an email response.