Mumbai builder told to refund ₹86.37 lakh over flat delay

A consumer commission has ordered Soundlines Eco Homes and its partners to refund ₹86.37 lakh, including interest, to homebuyer Tapan Visaria over delayed possession of a flat in Panvel's 'Sound Delight' project. The developer must pay 9% annual interest on ₹45 lakh from December 31, 2016, plus ₹75,000 for litigation costs and mental agony.