Haryana Urban Development Authority vs R.S. Banga

The Supreme Court held that interest at the rate of 18% per annum cannot be uniformly granted in consumer disputes, as established in Ghaziabad Development Authority vs. Balbir Singh (2004) 5 SCC 65. The Court maintained the State Forum's decision to award interest at 15% per annum, emphasizing that compensation must correlate with actual loss or injury. The Respondent was granted the liberty to take possession of the plot or request a refund, with specific conditions outlined for both scenarios.