WB REAT Facilitates Settlement Between Builder And Homebuyer Over Termination Of Flat Booking Due To Non-Payment Of Total Consideration
3 months, 3 weeks ago

WB REAT Facilitates Settlement Between Builder And Homebuyer Over Termination Of Flat Booking Due To Non-Payment Of Total Consideration

Live Law  

West Bengal Real Estate Appellate Tribunal bench, comprising Justice Rabindranath Samanta and Dr. Subrat Mukherjee, oversaw and facilitated a settlement between a builder and a homebuyer. Background Facts The Homebuyer booked a flat in the builder's project named ONE 10 situated at Mouza — Thakdari under Bidhannagar Municipal Corporation, North 24 Parganas. Observation and Direction by Authority During the pendency of the matter, the Tribunal directed both the homebuyer and the builder to enter into a settlement agreement on July 30, 2024. Finally the Tribunal disposed of the appeal after noting that the homebuyer had paid the amount as directed and the builder had executed and registered the deed of conveyance in favor of the homebuyer.

Tribunal Builder Booking Authority Homebuyer  facilitates  reat  homebuyer  tribunal  rs  authority  nonpayment  agreement  total  settlement  booking  order  builder  flat  wb  termination  directed  consideration

History of this topic

Delhi REAT Holds Homebuyer Who Booked Flat Under Buy-Back Scheme As Allottee, Remands Matter To Delhi RERA
1 month, 2 weeks ago

Delhi REAT Holds Homebuyer Who Booked Flat Under Buy-Back Scheme As Allottee, Remands Matter To Delhi RERA

Live Law  

Real Estate Appellate Tribunal, NCT of Delhi comprising of Justice Chander Shekhar and Lorren Bamniyal held in favour of the homebuyer who had booked a flat under the Buy Back scheme. The Tribunal concluded that the homebuyer falls within the definition of 'allottee' and remanded the matter to the NCT Delhi Real Estate Regulatory Authority, which had dismissed the homebuyer's …

Telangana RERA Penalises Builder For Unilaterally Cancelling Homebuyers Allotment, Also Holds Real Estate Agent Liable
1 month, 2 weeks ago

Telangana RERA Penalises Builder For Unilaterally Cancelling Homebuyers Allotment, Also Holds Real Estate Agent Liable

Live Law  

Telangana Real Estate Regulatory Authority bench, comprising K. Srinivasa Rao and Laxmi Narayana Jannu has imposed a penalty of Rs. 8.57 lakh each on the builder and the real estate agent for unilaterally canceling the allotment of the homebuyer and violating the provisions of the RERA, 2016. 2 acted as the Real Estate Agent for builder by executing agreements on …

West Bengal REAT Restrains Yes Bank From Taking Possession Of Flats And Selling Them At Auction To Recover Loan Provided To Builder
1 month, 3 weeks ago

West Bengal REAT Restrains Yes Bank From Taking Possession Of Flats And Selling Them At Auction To Recover Loan Provided To Builder

Live Law  

West Bengal Real Estate Appellate Tribunal, comprising Justice Rabindranath Samanta, Gour Sunder Banerjee and Dr. Subrat Mukherjee restrained Yes Bank from taking possession of the flats and selling them at auction to recover the loan provided to the builder. Background Facts Yes Bank filed eight appeals before the West Bengal Real Estate Appellate Tribunal challenging the orders restraining it from …

WBREAT Directs Builder To Pay Interest To Homebuyer For Delayed Possession And Hand Over Flat With Car Parking Space
2 months, 1 week ago

WBREAT Directs Builder To Pay Interest To Homebuyer For Delayed Possession And Hand Over Flat With Car Parking Space

Live Law  

West Bengal Real Estate Appellate Tribunal, comprising Justice Rabindranath Samanta, Gour Sunder Banerjee and Dr. Subrat Mukherjee has provided relief to a homebuyer who purchased a 1,219 sq. The Tribunal directed the builder to hand over possession of the flat with the car parking space and pay interest to the homebuyer for the delay in possession. Background Facts The homebuyer …

WBREAT Directs Builder To Hand Over Possession Of Flat To Homebuyer And Pay Interest For Delay
2 months, 1 week ago

WBREAT Directs Builder To Hand Over Possession Of Flat To Homebuyer And Pay Interest For Delay

Live Law  

West Bengal Real Estate Appellate Tribunal, comprising Justice Rabindranath Samanta, Gour Sunder Banerjee and Dr. Subrat Mukherjee has directed the builder to hand over possession of the flat after obtaining the completion certificate from the relevant authority and pay interest to the homebuyer for the delay in possession. Background Facts The homebuyer purchased a flat with a car parking space …

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 …

Real Estate Monthly Digest : December 2024
Trending News
2 months, 3 weeks ago

Real Estate Monthly Digest : December 2024

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. 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 …

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 …

Karnataka RERA Orders Dharwad-Based Builder To Refund ₹38.8 Lakhs To Homebuyer Due To Delay
3 months, 1 week ago

Karnataka RERA Orders Dharwad-Based Builder To Refund ₹38.8 Lakhs To Homebuyer Due To Delay

Live Law  

Karnataka Real Estate Regulatory Authority bench comprising Neelmani N. Raju has directed the Dharwad-based builder named Skytown Builders and Developers to refund ₹38.8 lakhs to the homebuyer after the builder failed to provide possession of the flat on time. Background Facts The homebuyer booked a residential flat on the ground floor in the builder's project named Skytown Luxuria for a …

REAL ESTATE WEEKLY ROUND UP: DECEMBER 2 – DECEMBER 8
3 months, 1 week 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 …

RERA WEEKLY ROUND UP NOVEMBER 11 – NOVEMBER 17
3 months, 3 weeks ago

RERA WEEKLY ROUND UP NOVEMBER 11 – NOVEMBER 17

Live Law  

MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY Failure To Provide Possession Of Two Showrooms On Time, MahaRERA Directs Pune Builder To Pay Interest To The Complainant Case – Kohinoor Televideo Pvt Ltd Versus Deron Properties Pvt Ltd A/W 1 other Citation - Complaint No. CC005000000096064 & 1 other Maharashtra Real Estate Regulatory Authority bench, comprising Mahesh Pathak directed the Pune-based builder Deron …

WBREAT Upholds Decision To Refund Complainant Who Booked Two Plots In Mini Township Project By Advance Payment In 2014
Trending News
4 months ago

WBREAT Upholds Decision To Refund Complainant Who Booked Two Plots In Mini Township Project By Advance Payment In 2014

Live Law  

West Bengal Real Estate Appellate Tribunal bench, comprising Justice Rabindranath Samanta, Gour Sunder Banerjee, and Dr. Subrat Mukherjee, upheld the West Bengal Real Estate Regulatory Authority order directing the builder to refund the Complainant's principal amount with interest. The complainant had booked two plots in what was presented as the builder's mini township project by making an advance payment. Authority …

WBREAT Upholds Order Directing Builder To Pay Over ₹56 Lakh Over Failure To Provide Possession Of Four Plots By November 2016
4 months ago

WBREAT Upholds Order Directing Builder To Pay Over ₹56 Lakh Over Failure To Provide Possession Of Four Plots By November 2016

Live Law  

West Bengal Real Estate Appellate Tribunal bench comprising Justice Rabindranath Samanta, Gour Sunder Banerjee and Dr. Subrat Mukherjee has provided relief to the complainant who purchased four plots by paying advance money in the builder's mini township project and was expecting possession by November 2016. The Tribunal upheld the Authority's order directing the builder to refund the principal amount of …

WB REAT Upholds Authority's Decision Directing Builder To Refund ₹11 Lakh To Homebuyer, Initiates Proceedings For Selling Unregistered Project
4 months, 2 weeks ago

WB REAT Upholds Authority's Decision Directing Builder To Refund ₹11 Lakh To Homebuyer, Initiates Proceedings For Selling Unregistered Project

Live Law  

While upholding the West Bengal Real Estate Regulatory Authority order directing the builder to refund the homebuyer's paid amount of Rs. 11,00,000/- with interest, West Bengal Real Estate Appellate Tribunal bench, comprising Justice Rabindranath Samanta, Gour Sunder Banerjee, and Dr. Subrat Mukherjee, initiated proceedings against the builder for violating Section 3 of the Real Estate Act, 2016. The Tribunal also …

WB REAT Directs Builder To Pay Settlement Of Over ₹2 Crores To Homebuyer For Failure To Deliver Possession Since 2017
4 months, 2 weeks ago

WB REAT Directs Builder To Pay Settlement Of Over ₹2 Crores To Homebuyer For Failure To Deliver Possession Since 2017

Live Law  

West Bengal Real Estate Appellate Tribunal bench, comprising Justice Rabindranath Samanta, Gour Sunder Banerjee, and Dr. Subrat Mukherjee, disposed of the appeal after the builder made the fifth and final installment to the homebuyer as part of the settlement agreement. Instead of disposing of the appeal on the date the settlement agreement was reached, the Tribunal monitored the builder's installment …

Delay Of 4 Years In Offering Possession, Punjab RERA Orders Builder To Pay Compensation To Homebuyer For Mental Agony
8 months ago

Delay Of 4 Years In Offering Possession, Punjab RERA Orders Builder To Pay Compensation To Homebuyer For Mental Agony

Live Law  

Punjab Real Estate Regulatory Authority bench, consisting of Balbir Singh, has directed M/s Sushma Buildtech Limited, the builder, to compensate the homebuyers for the mental agony and harassment endured due to a four-year delay in offering possession. Background Facts The homebuyers jointly booked a flat in the builder's project Sushma Chandigarh Grande for a total sale consideration of Rs. Observation …

Builder Failed To Commence Construction Even After Two Years From Agreement Date, Karnataka RERA Orders Refund To Homebuyer
9 months ago

Builder Failed To Commence Construction Even After Two Years From Agreement Date, Karnataka RERA Orders Refund To Homebuyer

Live Law  

Karnataka Real Estate Regulatory Authority bench, comprising GR Reddy, has directed the builder to refund the amount paid by the homebuyer for a flat, as the builder failed to start construction of the project even after two years from the date of entering into the agreement for sale with the homebuyer. Furthermore, the Authority observed that as per Section 18 …

Haryana RERA Upholds Builder's Termination Of Flat Booking After Homebuyer Failed To Make Timely Payments
9 months, 1 week 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 …

Homebuyer Paid Booking Price On Spot Without Reading Terms Of Document, Karnataka RERA Orders Full Refund
11 months, 2 weeks ago

Homebuyer Paid Booking Price On Spot Without Reading Terms Of Document, Karnataka RERA Orders Full Refund

Live Law  

The Karnataka Real Estate Regulatory Authority bench, comprising of Justice Neelmani N Raju, has directed the builder to fully refund the booking price of Rs. Despite the homebuyers intention to discuss the flat model with their family members, the sales executive pressured them to pay a booking amount of Rs. The sales executive verbally assured them of positive terms, but …

MahaRERA cancels home buyers’ agreement
11 months, 3 weeks ago

MahaRERA cancels home buyers’ agreement

Hindustan Times  

MahaRERA has issued a significant order, marking the first instance where it has cancelled home buyers’ agreements and instructed the registrar to take appropriate action. GERA Developments complained that the nine homebuyers had made a partial payment for the purchase of apartments in their respective real estate projects and executed agreements for sale between 2019 and 2020. The Maharashtra Real …

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