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Gurgaon-based realty firm halts 30K monthly payments to customer over sandalwood deal: court slaps 55.8 lakh penalty

Suresh Kumar Chinta invested 17.5 lakh with a Gurugram-based real estate firm, Square and Yards Infra Pvt Ltd, in 2023. Under the deal, the firm offered Chinta agricultural land for growing white sandalwood trees.