Section 18 – Real Estate (Regulation and Development) Act, 2016
Timelines for refund (1) Any refund along with the applicable interest andcompensation, if any, payable by the promoter in terms of the provisions of section 18 of the Actshall be payable by the promoter to the allottee within forty-five days from the date on which suchrefund along with interest and compensation, if any, becomes due.(2) […]