Haryana RERA Directs Ramprastha Promoters To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer
3 months, 3 weeks ago

Haryana RERA Directs Ramprastha Promoters To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer

Live Law  

Haryana Real Estate Regulatory Authority bench comprising of Ashok Sangwan has directed M/s Ramprastha promoters & Developers Pvt. Additionally, Authority directed builder to handover the possession and execute the conveyance deed in the favor of homebuyer. Authority further held that builder has violated Section 11 of RERA, 2016 by failing to deliver possession by the due date specified in the buyer's agreement. Therefore, Authority directed the builder to pay interest to homebuyer at the rate of 11.10% per annum for each month of delay from the 31.12.2014 until the expiration of two months from the date the offer of possession was made. Additionally, Authority directed builder to handover the possession of the flat to homebuyer and execute the conveyance deed in the favor of homebuyer within three months after obtaining the occupancy certificate.

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History of this topic

Prospective Home Buyers Can Also Approach RERA For Remedies: Punjab & Haryana High Court
1 month, 1 week ago

Prospective Home Buyers Can Also Approach RERA For Remedies: Punjab & Haryana High Court

Live Law  

The Punjab & Haryana High Court has made it clear that home buyers who have deposited certain amount and are prospective allottees can also filed complaint in Real Estate Regulatory Authority for redressal of grievances. Observing that this argument was "rudderless" a division bench of Justice Sureshwar Thakur and Justice Vikas Suri said, "The reason being that when, within the …

RERA Comes to Rescue of Flat Buyer in Hyderabad
1 month, 1 week ago

RERA Comes to Rescue of Flat Buyer in Hyderabad

Deccan Chronicle  

Hyderabad: The Telangana State Real Estate Regulatory Authority has directed Parijatha Homes & Developers to complete the construction work and hand over the physical possession of Flat No. The buyer alleged that despite paying the sale price and getting the property registered in his name in April 2021, the builder failed to deliver the physical possession of the flat as …

MUDA Treated Retd Defence Personnel With 'Scant' Respect: Karnataka High Court Directs Body To Execute Sale Deed For Allotted Land
1 month, 2 weeks ago

MUDA Treated Retd Defence Personnel With 'Scant' Respect: Karnataka High Court Directs Body To Execute Sale Deed For Allotted Land

Live Law  

The Karnataka High Court has set aside an order passed by the State Consumer Commission and directed Mysore Urban Development Authority to allot a site by executing necessary conveyance and deliver possession to a retired defence personnel. The encomia earned by him at the hands of the Central Government & the State Government failed to impress the MUDA officials.A Writ …

Haryana RERA Orders Emaar MGF To Pay Interest To Homebuyer For Delayed Possession
1 month, 3 weeks ago

Haryana RERA Orders Emaar MGF To Pay Interest To Homebuyer For Delayed Possession

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Vijay Kumar Goyal has directed Emaar MGF Land Limited to pay interest to the homebuyer for the delay in handing over possession. Observation and Direction by Authority The Authority referred to Clause 10 of the buyer's agreement which stated that the builder would hand over possession of the flat within 36 months from …

Karnataka RERA Holds Shriram Properties Liable For Delayed Possession, Orders 12.77 Lakhs Interest To Homebuyer
2 months ago

Karnataka RERA Holds Shriram Properties Liable For Delayed Possession, Orders 12.77 Lakhs Interest To Homebuyer

Live Law  

Karnataka Real Estate Regulatory Authority bench, comprising GR Reddy, has directed Shriram Properties to pay Rs. Observation and Direction by Authority The Authority observed that the due date for possession of the flat was December 31, 2019, but the builder failed to hand over possession by that date and executed the sale deed in favor of the homebuyer on June …

Homebuyer Forced To Vacate Flat After Taking Possession Due To Unsafe Construction, Haryana RERA Directs NBCC To Pay Compensation
2 months, 2 weeks ago

Homebuyer Forced To Vacate Flat After Taking Possession Due To Unsafe Construction, Haryana RERA Directs NBCC To Pay Compensation

Live Law  

Haryana Real Estate Regulatory Authority Bench, Comprising of Rajender Kumar has directed National Buildings Construction Corporation Limited to compensate the homebuyer for rental expenses and mental agony after they were forced to vacate their flat as the project was found unsafe for living due to its unsafe construction after taking possession. On February 17, 2022, the District Magistrate-cum-Chairperson, District Disaster …

Haryana RERA Directs Emaar India To Pay Interest To Homebuyer Of Emerald Hills Floors Project
2 months, 2 weeks ago

Haryana RERA Directs Emaar India To Pay Interest To Homebuyer Of Emerald Hills Floors Project

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Vijay Kumar Goyal, has directed M/s Emaar India Ltd to pay interest to homebuyer from its Emerald Hills Floors Project for delayed possession. Background Facts Homebuyer purchased a flat in the builder's project named "Emerald Hills Floors" located in Sector 65, Gurugram through an assignment letter dated June 6, 2018. Observation and Direction …

Haryana RERA Orders Agrante Developers To Refund Amount Paid By Homebuyer
Trending News
2 months, 2 weeks ago

Haryana RERA Orders Agrante Developers To Refund Amount Paid By Homebuyer

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Arun Kumar, has directed Agrante Developers to refund Rs.9.47 Lakhs with interest to homebuyer who purchased a flat in their Beethoven's 8 Project. On April 24, 2015, the builder issued an allotment letter in favor of the homebuyer under a subvention scheme requiring him to pay 10% upfront while the remaining amount was …

Haryana RERA Directs Ocean Seven Buildtech To Pay Interest To Seven Homebuyers For Delayed Possession
Trending News
2 months, 2 weeks ago

Haryana RERA Directs Ocean Seven Buildtech To Pay Interest To Seven Homebuyers For Delayed Possession

Live Law  

Haryana Real Estate Regulatory Authority bench comprising Arun Kumar, Ashok Sangwan and Vijay Kumar Goyal has directed Ocean Seven Buildtech to pay interest to the seven homebuyers of the Golf Heights project located at Sector 69, Gurugram for the delay in handing over possession. Background Facts Seven homebuyers purchased flats in the builder's Affordable Housing project named Golf Heights, located …

RERA fines builder for delaying possession
2 months, 2 weeks ago

RERA fines builder for delaying possession

Hindustan Times  

The Real Estate Regulation Authority Punjab has directed Omaxe developers in Chandigarh to pay interest per month for delay in handing possession of a flat. The RERA ruled that it is evident that there is delay of many months which is likely to get further delayed and thus the complainant is entitled to get interest. The complainant sought issuance of …

Haryana RERA Directs Ansal Builders To Hand Over Possession And Pay Interest For Delay
2 months, 3 weeks ago

Haryana RERA Directs Ansal Builders To Hand Over Possession And Pay Interest For Delay

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan has directed M/s Ansal Townships Infrastructure Private Limited to hand over possession within two months after obtaining the occupancy certificate and pay interest to the homebuyer for the delay in handing over possession. Authority noted that although the builder was supposed to hand over possession by 19.11.2017 as per Clause 5.1, …

Haryana RERA Directs Signature Global To Pay Interest To Homebuyer Of Affordable Group Housing Project
2 months, 3 weeks ago

Haryana RERA Directs Signature Global To Pay Interest To Homebuyer Of Affordable Group Housing Project

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/s Signature Global India Private Limited to pay interest to homebuyer from its Affordable Group Housing Project for delayed possession. Background Facts: The homebuyer was allotted a flat in the builder's Affordable Group Housing Colony project named "The Millennia" located in Sector 37D, Gurugram, through an allotment letter dated …

Real Estate Weekly Round Up:[16 th December – 22 nd December 2024]
2 months, 3 weeks ago

Real Estate Weekly Round Up:[16 th December – 22 nd December 2024]

Live Law  

Haryana Real Estate Regulatory Authority Delay Of More Than 2.7 Years In Completing Construction Of Project, Haryana RERA Orders Raheja Developers To Refund Rs. 27.98 Lakhs To Homebuyer Case – Arun Shrivastava Versus M/S Raheja Developers Limited Citation – Complaint no 4974 of 2023 Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/S Raheja Developers Limited to …

Delay Of More Than 2.7 Years In Completing Construction Of Project, Haryana RERA Orders Raheja Developers To Refund Rs. 27.98 Lakhs To Homebuyer
Trending News
3 months ago

Delay Of More Than 2.7 Years In Completing Construction Of Project, Haryana RERA Orders Raheja Developers To Refund Rs. 27.98 Lakhs To Homebuyer

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/S Raheja Developers Limited to refund ₹27.98 Lakhs with interest to homebuyer who purchased a flat in their Raheja Maheshwara Project. Background Fact The homebuyer booked a flat in the builder's project named Raheja Maheshwara, located at Sector 11 and 14, Sohna, Gurugram by paying Rs. Homebuyer repeatedly contacted …

Inordinate Delay Of More Than 10 Years, Haryana RERA Directs Ansal Builders To Refund 1.07 Crores To Homebuyer
3 months ago

Inordinate Delay Of More Than 10 Years, Haryana RERA Directs Ansal Builders To Refund 1.07 Crores To Homebuyer

Live Law  

Haryana Real Estate Regulatory Authority bench comprising Ashok Sangwan has directed M/s Ansal Housing and Constructions Limited to refund Rs. 1.07 crores with 11.10% interest to the homebuyer after facing an inordinate delay of more than 10 years in receiving possession of the flat. According to the final Floor Buyer's Agreement the builder was supposed to hand over possession of …

Haryana RERA Directs Ansal Builders To Refund Booking Amount Paid By Complainant For Purchasing Shop
3 months, 1 week ago

Haryana RERA Directs Ansal Builders To Refund Booking Amount Paid By Complainant For Purchasing Shop

Live Law  

Haryana Real Estate Regulatory Authority bench comprising Ashok Sangwan has directed M/s Ansal Housing and Constructions Limited to refund the booking amount of 7 lakhs paid by the complainant for purchasing the shop. The complainant approached the authority after the builder retained the booking amount following the complainant's withdrawal from the project in 2022 due to delays in receiving possession …

Haryana RERA - No Additional Compensation To Homebuyer When Interest For Delayed Possession Already Granted
Trending News
3 months, 1 week ago

Haryana RERA - No Additional Compensation To Homebuyer When Interest For Delayed Possession Already Granted

Live Law  

Haryana Real Estate Regulatory Authority Bench comprising Rajender Kumar dismissed the homebuyer's complaint against M/s. Authority held that no additional compensation can be granted to the homebuyer when delay possession compensation has already been granted along with interest under Section 18 of the RERA, 2016. Through its order dated December 11, 2018, the authority directed the builder to pay interest …

Karnataka RERA Holds Shrivision Homes Liable For Delayed Possession, Orders 30.2 Lakhs Interest To Homebuyer
3 months, 2 weeks ago

Karnataka RERA Holds Shrivision Homes Liable For Delayed Possession, Orders 30.2 Lakhs Interest To Homebuyer

Live Law  

Karnataka Real Estate Regulatory Authority bench, comprising GR Reddy, has directed M/S Shrivision Homes Pvt. Background Facts Homebuyer booked a flat in the Tower 5 of builder's project named Shriram Chirping Woods located at Bengaluru Urban District. Observation and Direction by Authority The authority observed that despite entering into a sale and construction agreement to hand over possession of the …

REAL ESTATE WEEKLY ROUND UP: DECEMBER 2 – DECEMBER 8
3 months, 2 weeks ago

REAL ESTATE WEEKLY ROUND UP: DECEMBER 2 – DECEMBER 8

Live Law  

Haryana Real Estate Regulatory Authority Haryana RERA Directs Anant Raj Builders To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer Case – Mohit Bansal Versus M/s. Delhi State Commission Failure To Meet Contractual Obligations: Delhi State Commission Holds TDI Infrastructure Liable For Deficiency In Service Case Title: Mr. Raman Singla Vs. TDI Infrastructure Ltd Case Number: C.C. 875/2018 The …

Haryana RERA Directs Anant Raj Builders To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer
3 months, 2 weeks ago

Haryana RERA Directs Anant Raj Builders To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer

Live Law  

Haryana Real Estate Regulatory Authority bench comprising of Ashok Sangwan has directed M/s. Anant Raj Ltd to pay interest for delay and execute conveyance deed in the favour of Homebuyer. Aggrieved by the delay the homebuyer filed a complaint before the authority seeking possession, interest for the delay, a refund of the PLC charges and execution of the conveyance deed …

RERA WEEKLY ROUND UP: NOVEMBER 25 – DECEMBER 1
3 months, 3 weeks ago

RERA WEEKLY ROUND UP: NOVEMBER 25 – DECEMBER 1

Live Law  

MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY Maharashtra RERA Holds Spenta Enclave Liable For Delay, Orders Interest To Homebuyers Case – Anil Kishinchand Rajani & Anr Versus Spenta Enclave Pvt. HARYANA REAL ESTATE REGULATORY AUTHORITY Haryana RERA Holds AKME Projects Liable For Over 10 Years Of Delay In Manesar Project, Orders Refund To Homebuyer Case – Preeti Yadav & anr Vs. M/s …

Maharashtra RERA Holds Spenta Enclave Liable For Delay, Orders Interest To Homebuyers
3 months, 3 weeks ago

Maharashtra RERA Holds Spenta Enclave Liable For Delay, Orders Interest To Homebuyers

Live Law  

While allowing the complaints of Two homebuyers, Maharashtra Real Estate Regulatory Authority bench comprising of Manoj Saunik directed Spenta Enclave to pay interest to the homebuyers for the delay in handing over possession of the flat. Background Facts Homebuyers purchased their respective flats in the builder's project named Altavista - Phase 1, located at Kurla, Mumbai Sub Urban. Observation and …

Haryana RERA Orders Ansal Housing To Pay Interest For Delay And Provide Possession Offer To Homebuyer Within Two Months
3 months, 3 weeks ago

Haryana RERA Orders Ansal Housing To Pay Interest For Delay And Provide Possession Offer To Homebuyer Within Two Months

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan has directed M/s Ansal Housing and Constructions Limited to pay interest and provide offer of possession to homebuyer within 2 months. Observation and Direction by Authority The authority referred clause 30 of the flat's buyer agreement which stipulated that builder is liable to offer the possession of the flat within the …

Haryana RERA Orders Raheja Developers To Refund Three Homebuyers Of Raheja Revanta Project
4 months ago

Haryana RERA Orders Raheja Developers To Refund Three Homebuyers Of Raheja Revanta Project

Live Law  

Haryana Real Estate Regulatory Authority bench comprising Ashok Sangwan has directed Raheja Developers to refund three homebuyers who purchased their flats in the Raheja Revanta Project in 2012 with interest. Background Facts Homebuyers purchased their respective flats in the builder's project named Raheja Revanta located at Sector 78, Gurugram. Due to the inordinate delay in the project the homebuyers decided …

Haryana RERA Directs Pareena Infrastructures To Pay Interest, Execute Conveyance Deed In Favour Of Homebuyer
4 months, 1 week ago

Haryana RERA Directs Pareena Infrastructures To Pay Interest, Execute Conveyance Deed In Favour Of Homebuyer

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Arun Kumar has directed Pareena Infrastructures Pvt. Aggrieved, the homebuyer filed a complaint before the authority seeking possession, delayed interest and execution of the conveyance deed. As a result authority held that the homebuyer is entitled to receive interest from the builder for every month of delay from the due date of possession …

Delay Of Over 8 Years, Haryana RERA Directs KNS Infracon To Refund And Settle Homebuyer's Loan Account
4 months, 2 weeks ago

Delay Of Over 8 Years, Haryana RERA Directs KNS Infracon To Refund And Settle Homebuyer's Loan Account

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/s KNS Infracon Private Limited to refund ₹93 Lakhs with interest to homebuyer who purchased a flat in their Capital Gateway Project. Additionally, Authority directed builder to close the homebuyer's loan account with the bank using the refundable amount. Background Facts Through a flat buyer agreement dated 21.08.2017, homebuyer …

Haryana RERA Directs Parsvnath Developers To Pay Delay Interest And Execute Conveyance Deed In Favour Of Homebuyer
6 months, 1 week ago

Haryana RERA Directs Parsvnath Developers To Pay Delay Interest And Execute Conveyance Deed In Favour Of Homebuyer

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed Parsvnath Developers Limited, the builder, to pay delay interest and execute the conveyance deed in the favour of homebuyer. Background Facts The original allottee booked a flat in the builder's project named Parsvnath Exotica, located in Sector 54, Gurugram, and made payments totaling Rs. On July 13, 2005, a …

Haryana RERA Orders Imperia Structures To Pay Interest To Homebuyer For Delayed Possession
7 months ago

Haryana RERA Orders Imperia Structures To Pay Interest To Homebuyer For Delayed Possession

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/s Imperia Structures Limited, the builder, to pay interest to the homebuyer of The Esfera project located at Sector 37C, Gurugram, for the delay in handing over possession. Background Facts On 24.12.2012, the homebuyer was allotted a flat in the builder's project named The Esfera, located at Sector 37C, …

RERA Cases Weekly Round Up: August 5 To August 11,2024
7 months, 1 week ago

RERA Cases Weekly Round Up: August 5 To August 11,2024

Live Law  

Haryana Real Estate Regulatory Authority Haryana RERA Directs Ocean Seven Buildtech To Pay Interest To 15 Homebuyers Of Expressway Towers For Delayed Possession Case – Rameshwar Singh Versus Ocean Seven Buildtech Pvt. Delay Of 8 Years In Handing Over Possession Of Plot, Haryana RERA Orders Vatika Ltd To Refund Case - Dr. Dolly Chopra Versus M/S Vatika Limited Haryana Real …

Karnataka RERA Orders Shrivision Towers To Pay Interest To Homebuyer For Delayed Possession
7 months, 2 weeks ago

Karnataka RERA Orders Shrivision Towers To Pay Interest To Homebuyer For Delayed Possession

Live Law  

Karnataka Real Estate Regulatory Authority bench, comprising Neelmani N. Raju, has directed Shrivision Towers Private Ltd., the builder, to pay interest to the homebuyer for failing to hand over possession of the flat on time. Therefore, feeling aggrieved, the homebuyer filed a complaint before the authority seeking interest for the delayed possession. Observation and Direction by Authority The Authority observed …

Haryana RERA Directs Ocean Seven Buildtech To Pay Interest To 15 Homebuyers Of Expressway Towers For Delayed Possession
7 months, 3 weeks ago

Haryana RERA Directs Ocean Seven Buildtech To Pay Interest To 15 Homebuyers Of Expressway Towers For Delayed Possession

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed Ocean Seven Buildtech Pvt. The project was an affordable housing project, and possession was expected to be handed over by the builder within 4 years from the date of building plan approval or environmental clearance, whichever is later. The homebuyer contended that the builder violated Section 1 of the …

Haryana RERA Orders Raheja Developers To Pay Interest To Homebuyer For Delayed Possession
8 months ago

Haryana RERA Orders Raheja Developers To Pay Interest To Homebuyer For Delayed Possession

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/s Raheja Developers Limited, the builder, to pay interest to the homebuyer for the delay in handing over possession. According to clause 4.2 of the buyer's agreement, the builder was supposed to hand over possession within 54 months, including a 6-month grace period from the date of the agreement. …

Haryana RERA Upholds Emaar India's Termination Of Flat Booking After Homebuyer Failed To Make Timely Payments
8 months ago

Haryana RERA Upholds Emaar India's Termination Of Flat Booking After Homebuyer Failed To Make Timely Payments

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, upheld M/s Emaar MGF Land Ltd., the Builder termination of the flat booking after the homebuyer failed to fulfill timely payment obligations. The homebuyer had booked a flat in the builder's Palm Gardens Project and paid 13 lakhs out of the total cost of the flat. “Section 13 of RERA, 2016, …

MahaRERA – Being Aware Of Market Conditions, Builders Should Conduct Due Diligence Before Declaring Project's Possession Date
8 months, 1 week ago

MahaRERA – Being Aware Of Market Conditions, Builders Should Conduct Due Diligence Before Declaring Project's Possession Date

Live Law  

While directing the builder to pay interest to the homebuyer for delayed possession, Maharashtra Real Estate Regulatory Authority bench, comprising Ajoy Mehta, held that builders are aware of market conditions, therefore, they are required to conduct due diligence before declaring the possession date. If the builder fails to complete or is unable to give possession of an apartment, plot, or …

MahaRERA Orders Jayesh Buildcon To Pay Interest To Homebuyers For Delay In Handing Over Possession
8 months, 1 week ago

MahaRERA Orders Jayesh Buildcon To Pay Interest To Homebuyers For Delay In Handing Over Possession

Live Law  

Maharashtra Real Estate Regulatory Authority bench, comprising Mahesh Pathak, directed Jayesh Buildcon to pay interest to the homebuyer for the delay in handing over possession of the flat. Observation and direction by Authority The authority observed that the builder has completed the project and has obtained the Occupancy Certificate for the homebuyers flats on 22-11-2022 from the competent authority. The …

Haryana RERA imposes ₹5 crore fine on realtor Vatika
8 months, 2 weeks ago

Haryana RERA imposes ₹5 crore fine on realtor Vatika

Live Mint  

Gurugram: The Haryana Real Estate Regulatory Authority, Gurugram, has imposed a penalty of ₹5 crore on city-based real estate promoter Vatika Ltd for failing to register its project within the stipulated time. The authority observed that Vatika Ltd obtained a licence for its residential real estate project Vatika India Next in 2013 from the Town and Country Planning Department of …

Haryana RERA Directs Ambience Projects To Hand Over Possession To Homebuyers, Pay Interest For Delay
8 months, 2 weeks ago

Haryana RERA Directs Ambience Projects To Hand Over Possession To Homebuyers, Pay Interest For Delay

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Sanjeev Kumar Arora, has directed Ambience Projects, the builder, to hand over possession of the flat to the homebuyer and pay interest for the delay in handing over the possession. According to Clause 11 of the agreement, the builder had to finish construction and hand over the flat within 60 months, making the …

UP RERA Releases Model Format Of Offer Of Possession Letter To Protect Homebuyers Interest
9 months, 1 week ago

UP RERA Releases Model Format Of Offer Of Possession Letter To Protect Homebuyers Interest

Live Law  

Uttar Pradesh Real Estate Regulatory Authority has issued a directive aimed at curbing the arbitrary practices of real estate promoters in issuing Offer of Possession letters. Key Points Promoters must issue Offer of Possession letters to. Key Points Promoters must issue Offer of Possession letters to allottees in the same format available on the UPRERA Portal. Offer of Possession letters …

RERA Weekly Round Up – 3 June To 9 June 2024
9 months, 1 week ago

RERA Weekly Round Up – 3 June To 9 June 2024

Live Law  

Karnataka Real Estate Regulatory Authority Case – Devdas Pandurang Shetti & another Versus M/s Mantri Developers Pvt. Uttar Pradesh Real Estate Regulatory Authority Press Note UPRERA/24/May/2024 Uttar Pradesh Real Estate Regulatory Authority Chairman Sanjay Bhoosreddy has expressed strong displeasure over the non-registration of properties belonging to nine allottees of the Alaknanda Project by the Prayagraj Development Authority, despite the UPRERA …

Haryana RERA Upholds Builder's Termination Of Flat Booking After Homebuyer Failed To Make Timely Payments
9 months, 2 weeks ago

Haryana RERA Upholds Builder's Termination Of Flat Booking After Homebuyer Failed To Make Timely Payments

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, upholds the builder's termination of the flat booking after the homebuyer failed to fulfill timely payment obligations. Background Facts The Homebuyers booked a flat in the Builder's project named M3M Sky Walk, located at Sector-74, Gurugram, by signing a booking application on 09.08.2020 and by paying a booking amount of Rs. …

RERA Weekly Round Up – 27 May To 2 June 2024
9 months, 2 weeks ago

RERA Weekly Round Up – 27 May To 2 June 2024

Live Law  

Maharashtra Real Estate Appellate Tribunal MahaREAT Refuses To Adjudicate Homebuyer's Appeal Due To Ongoing Injunction Issued By Pune Civil Court Case – Kunal Kashyap & another Versus M/S Atul Enterprises The bench of the Maharashtra Real Estate Appellate Tribunal, comprising Justice Shriram R. Jagtap and Dr. K. Shivaji, refuses to adjudicate the homebuyer's appeal concerning registration of a real estate …

RERA Cases Weekly Round Up – 6th May To 12th May,2024
10 months, 1 week ago

RERA Cases Weekly Round Up – 6th May To 12th May,2024

Live Law  

RAJASTHAN REAL ESTATE REGULATORY AUTHORITY Rajasthan RERA Orders Compensation to Homebuyer, Rejects Builder's Contention That Delay Caused Due to ED Investigation Case – Vasudev Takwani & another Versus M/s Riddhi Siddhi Infra Projects Pvt. TELANGANA REAL ESTATE REGULATORY AUTHORITY Telangana RERA Penalizes Builder for Non-Registration of Project, Orders Completion of Construction Case – Sri Madala Bharat Versus M/s Sree Sai …

Consumer Cases Weekly Round-Up: 8th to 14th April 2024
11 months ago

Consumer Cases Weekly Round-Up: 8th to 14th April 2024

Live Law  

Himachal Real Estate Regulatory Authority Himachal RERA Grants Relief To Non-Himachali Homebuyer, Directing Builder To Refund With Interest If State Land Laws Permission Is Not Obtained The Himachal Real Estate Regulatory Authority bench comprising of Justice Dr. Srikant Badli and BC Badalia, has granted relief to a non-Himachali homebuyer under whose favor the builder was not executing a conveyance deed, …

Haryana RERA imposes penalty of ₹6 lakh on Vatika Ltd; Directs builder to execute BBA within a month
11 months, 1 week ago

Haryana RERA imposes penalty of ₹6 lakh on Vatika Ltd; Directs builder to execute BBA within a month

Hindustan Times  

The Haryana Real Estate Regulatory Authority has penalized the real estate firm, Vatika Limited, with more than ₹6 lakh for violating the builder-buyer agreement provisions and directed the promoter to execute the BBA within a month. The Haryana Real Estate Regulatory Authority has penalized the real estate company Vatika Limited with more than ₹ 6 lakh for violating the builder-buyer …

Haryana RERA Directs Builder To Refund The Homebuyer's Amount With Interest, Rejects Builder's Investor Argument
11 months, 2 weeks ago

Haryana RERA Directs Builder To Refund The Homebuyer's Amount With Interest, Rejects Builder's Investor Argument

Live Law  

Haryana Real Estate Regulatory Authority comprising Justice Ashok Sangwan, has directed the builder to refund the entire amount paid by the homebuyer with interest, rejecting the builder's contention that the homebuyer is not a consumer but an investor. Aggrieved by the delay, homebuyers seek to withdraw from the project, therefore, homebuyers filed a complaint before Haryana RERA seeking a refund …

Haryana RERA Holds Builder's Pre-Occupation Certificate Possession Offer Invalid, Orders Interest For Delayed Possession
11 months, 3 weeks ago

Haryana RERA Holds Builder's Pre-Occupation Certificate Possession Offer Invalid, Orders Interest For Delayed Possession

Live Law  

Haryana Real Estate Regulatory Authority comprising Justice Vijay Kumar Goyal, has held that the offer of possession made by the builder before obtaining the Occupation Certificate from local authorities is invalid and contrary to the law. At that time, the Builder had not obtained an occupation certificate for the project, thus, the Homebuyer rejected the possession offer of the Builder. …

Consumer Cases Weekly Round-up: 11th to 17th March 2024
1 year ago

Consumer Cases Weekly Round-up: 11th to 17th March 2024

Live Law  

National Consumer Disputes Redressal Commission Booking Commercial Space For Self-Employment Business Deemed As Commercial Purpose : National Consumer Commission The National Consumer Disputes Redressal Commission, presided by Justice Ram Surat Maurya and Bharatkumar Pandya, in a complaint against MVL Holding Ltd ruled that commercial space booked for doing business by way of self-employment comes under the definition of commercial purpose. …

MahaRERA grants interest on delayed possession to Minerva buyer
1 year, 2 months ago

MahaRERA grants interest on delayed possession to Minerva buyer

Hindustan Times  

MUMBAI: The Maharashtra Real Estate Regulatory Authority has granted interest on delayed possession to the buyer of a private firm who purchased a flat in Lokhandwala Minerva, Mahalaxmi, from January 1, 2023, on the premise that the developer had failed to provide possession on terms agreed upon earlier. MahaRERA has granted interest on delayed possession to the buyer of a …

ED raids offices, seize documents of Agrani Homes Pvt Ltd for cheating homebuyers
1 year, 11 months ago

ED raids offices, seize documents of Agrani Homes Pvt Ltd for cheating homebuyers

Hindustan Times  

The Enforcement Directorate on Wednesday raided two locations of a prominent Patna builder against which the Real Estate Appellate Tribunal, Bihar, passed an order last week “for trapping prospective home buyers and diverting money collected from allottees of a particular project for acquiring other landed property or fresh project.” Raids by the central agency were carried out at the Kankarbagh …

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