
Mohali Homebuyer Refund Case 2026: Realcon Park Heights ₹16L Refund, 9% Interest, GMADA Licence Revocation & Buyer Rights
A Mohali District Consumer Commission has ordered refund of ₹16 lakh with 9% annual interest and ₹2 lakh compensation in a Sector 113 Realcon Park Heights booking dispute after finding that the builder failed to execute the agreement and provide housing-loan documents despite receiving substantial payment. The Commission also noted GMADA’s revocation of the development licence. This PropKeyz guide explains the order, RERA’s 10% Agreement for Sale rule, the difference between CLU, GMADA licence and RERA registration, and the documents every Mohali buyer should verify before paying a booking amount.











