Balbir Singh Sidhu launches a sharp attack on the BJP government over the hike in commercial gas cylinder prices The Congress will strongly oppose every anti-people policy that affects people's kitchens S.A.S.Nagar 2 May ( Ranjeet Singh Dhaliwal ) : Senior Congress leader and former Health Minister Balbir Singh Sidhu has termed the steep increase in commercial gas cylinder prices by the BJP-led central government as a well-planned conspiracy against small traders and common people, who are considered the backbone of the country's economy. Sidhu said that the significant hike in gas cylinder prices in a single day proves that the BJP government neither cares about small businesses nor about the kitchens of ordinary households. People who are already burdened by inflation, unemployment, and taxes are now being further oppressed by rising gas prices. He stated that this decision is a direct economic blow to thousands of families associated with tea vendors, dhaba owners, hotel ope...
RERA Punjab Awards Rs 25.51 Lakh Interest to Homebuyers for Delay in Possession
Chandigarh 14 March ( Ranjeet Singh Dhaliwal ) : In a significant order protecting the rights of homebuyers, the Punjab Real Estate Regulatory Authority has directed SRG Developers & Promoters to pay ₹25,51,500/- as interest for delayed possession to the allottees in the project Marbella Grand located in IT City, Mohali. The order was passed by the bench of Rakesh Kumar Goyal in Complaint No. 0320 of 2025 titled Nitin Agarwal & Another vs. SRG Developers & Promoters. The complainants were represented by Advocate David Sardana of Sardana Law Office, along with co-counsels.
As per the order, the complainants had booked a 4+1 BHK residential apartment in the project and had paid almost the entire sale consideration. Despite this, the developer failed to hand over possession within the agreed timeline under the Builder Buyer Agreement. After examining the record and submissions of the parties, the Authority held that the delay in offering possession entitled the allottees to statutory interest under the Real Estate (Regulation and Development) Act, 2016.
The Authority calculated the delayed interest on the amount deposited by the complainants and determined that ₹25,51,500/- was payable for the delay period calculated up to 31 December 2025. The Authority also directed the developer to hand over valid physical possession of the unit to the allottees and make payment of the interest within the stipulated period.
Commenting on the order, Advocate David Sardana, Sardana Law Office, stated that the decision reinforces the statutory rights of homebuyers and sends a clear message that developers cannot indefinitely delay possession without facing financial consequences. This order is another important example of the effective implementation of RERA provisions in Punjab and highlights the growing confidence of homebuyers in approaching the Authority for timely redressal of their grievances.
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