The homebuyer, Katmandu Apparel Pvt Ltd Limited, obtained a loan of Rs 4.05 crore from a housing finance company and an amount of Rs 3.95 crore was disbursed to the developer. Thereafter, both signed the agreement for sale in December 2013, wherein the developer agreed to offer fit-out possession in December 2017 and an additional one year to obtain occupation certificate (OC), the buyer claimed.
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