IIFL scores big win over Palais Royale delay. Stranded homebuyers may take cues.

Maharashtra’s real estate authority has ordered Palais Royale’s current developer to pay IIFL Finance interest for long-delayed possession of seven apartments, reinforcing lender rights.

​Maharashtra’s real estate authority has ordered Palais Royale’s current developer to pay IIFL Finance interest for long-delayed possession of seven apartments, reinforcing lender rights.