New Delhi, Aug 20 (TIWN) The Supreme Court on Thursday observed that the builders only understand the colour of money or a jail term, as it imposed a fine of Rs 15 lakh on a real estate firm.

A bench headed by Justice D.Y. Chandrachud told real estate firm Ireo Grace Realtech Pvt Ltd that the court had directed it to refund the money, but it filed a plea seeking modification of the order. This plea was dismissed in March and the top court had directed that the money should be paid to the home buyers within two months.