Haryana RERA Orders Agrante Developers To Refund Amount Paid By Homebuyer
Trending News
3 days, 11 hours 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 to be paid at possession. Aggrieved by the builder's failure to deliver possession and fulfill its commitments, the homebuyer decided to withdraw from the project and filed a complaint before the authority, seeking a refund with interest. Therefore, the Authority directed the builder to refund the amount paid by the homebuyer with 11.10% interest within 90 days.

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History of this topic

Homebuyer Forced To Vacate Flat After Taking Possession Due To Unsafe Construction, Haryana RERA Directs NBCC To Pay Compensation
2 days, 2 hours 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 Ocean Seven Buildtech To Pay Interest To Seven Homebuyers For Delayed Possession
Trending News
4 days, 4 hours 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
4 days, 19 hours 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
5 days, 10 hours 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, …

Real Estate Monthly Digest : December 2024
Trending News
1 week, 1 day 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: [23rd December – 28th December 2024]
1 week, 1 day ago

Real Estate Weekly Round Up: [23rd December – 28th December 2024]

Live Law  

Karnataka Real Estate Regulatory Authority Karnataka RERA Dismisses Real Estate Agent's Complaint Against Godrej Properties, Citing Vindictive Motive Case – Vivek Arjuna Versus Godrej Properties Citation – Complaint No: 00058 /2024 Karnataka Real Estate Regulatory Authority bench comprising of Rakesh Singh, Neelmani N Raju and GR Reddy dismissed the complaint filed by a real estate agent seeking the revocation of …

Haryana RERA Directs Signature Global To Pay Interest To Homebuyer Of Affordable Group Housing Project
1 week, 5 days 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 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 …

Haryana RERA Orders Vatika Builders To Refund Rs. 84.34 Lakhs To Homebuyer For Delayed Possession
2 weeks, 2 days ago

Haryana RERA Orders Vatika Builders To Refund Rs. 84.34 Lakhs To Homebuyer For Delayed Possession

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/s Vatika Sovereign Park Private Limited to refund ₹84.34 Lakhs with interest to homebuyer. Background Facts Homebuyer and his wife booked a flat in the builder's project named Sovereign Park located at Sector 99, Gurugram by paying a booking amount of Rs. However, as per the addendum agreement executed …

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
2 weeks, 5 days 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 …

Maharashtra RERA Directs Godrej Skyline Developers To Refund Full Booking Amount Paid By Homebuyer With Interest
2 weeks, 5 days ago

Maharashtra RERA Directs Godrej Skyline Developers To Refund Full Booking Amount Paid By Homebuyer With Interest

Live Law  

Maharashtra Real Estate Regulatory Authority bench comprising of Ravindra Deshpande directed Godrej Skyline Developers Pvt Ltd to fully refund the booking amount paid by the homebuyer with interest. The bench observed that the allotment letter contained coercive terms and that the booking amount did not fall under the definition of earnest money as per the application form. Feeling aggrieved by …

Inordinate Delay Of More Than 10 Years, Haryana RERA Directs Ansal Builders To Refund 1.07 Crores To Homebuyer
2 weeks, 6 days 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 State Commission Holds Ansal Properties Liable For Delay In Possession, Orders Refund And Compensation
Trending News
3 weeks ago

Haryana State Commission Holds Ansal Properties Liable For Delay In Possession, Orders Refund And Compensation

Live Law  

The State Consumer Disputes Redressal Commission, Haryana presided by Justice T.P.S Mann, Mr. S. P. Sood and Ms. Manjula held Ansal Properties & Infrastructure Limited liable for delay in possession of residential plot for several years. After paying Rs.40,02,721.20/- the plot was transferred to the complainant by transfer letter dated 12.06.2012 from Ansal Properties & Infrastructure Limited. Due to delay …

TRSC, HMDA directed to refund, compensate petitioner after refusing to return deposit amount
3 weeks, 2 days ago

TRSC, HMDA directed to refund, compensate petitioner after refusing to return deposit amount

New Indian Express  

HYDERABAD: The District Consumer Disputes Redressal Commission-II, Hyderabad has directed the Telangana Rajiv Swagruha Corporation Limited and Hyderabad Metropolitan Development Authority to jointly pay Rs 1 lakh refund and Rs 10,000 compensation to the complainant for not returning ‘open parking’ amount deposited by her after issuing cancellation of allotment of flat. The complainant, Ch Girija, a resident of Vanasthalipuram, paid …

Haryana RERA Directs Ansal Builders To Refund Booking Amount Paid By Complainant For Purchasing Shop
3 weeks, 6 days 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
4 weeks, 1 day 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 Orders Dharwad-Based Builder To Refund ₹38.8 Lakhs To Homebuyer Due To Delay
4 weeks, 2 days 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
4 weeks, 2 days 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 …

Karnataka RERA Directs Ozone Urbana Infra Developers To Refund Rs. 1.02 Crores To Homebuyer
1 month ago

Karnataka RERA Directs Ozone Urbana Infra Developers To Refund Rs. 1.02 Crores To Homebuyer

Live Law  

Karnataka Real Estate Regulatory Authority bench, comprising Neelmani N Raju has directed Ozone Urbana Infra Developers to refund Rs. 1.02 crores to the homebuyer after the builder failed to provide assured returns, pay Pre-EMIs and hand over the possession of the flat on time. Background Facts Relying on the builder's reputation for providing timely delivery of possession, the homebuyer entered …

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

Haryana RERA Directs Ramprastha Promoters To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer
1 month, 1 week 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 …

RERA WEEKLY ROUND UP: NOVEMBER 18 – NOVEMBER 24, 2024
1 month, 1 week ago

RERA WEEKLY ROUND UP: NOVEMBER 18 – NOVEMBER 24, 2024

Live Law  

HARYANA REAL ESTATE REGULATORY AUTHORITY Haryana RERA Orders Raheja Developers To Refund Three Homebuyers Of Raheja Revanta Project Case – Arvinder Singh Aneia and Preeti Aneja Versus Raheja Developers Limited Along with 2 others Citation – Complaint No. 2205/2023 and 2 others Haryana Real Estate Regulatory Authority bench comprising Ashok Sangwan has directed Raheja Developers to refund three homebuyers who …

Haryana RERA Orders Ansal Housing To Pay Interest For Delay And Provide Possession Offer To Homebuyer Within Two Months
1 month, 1 week 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 …

Maharashtra RERA Directs Godrej Properties To Refund Booking Amount Paid By Homebuyer
1 month, 1 week ago

Maharashtra RERA Directs Godrej Properties To Refund Booking Amount Paid By Homebuyer

Live Law  

Maharashtra Real Estate Regulatory Authority bench comprising Mahesh Pathak has directed Godrej Properties Limited.to refund the amount paid by the homebuyer after deducting 2% of the total consideration. Background Facts Homebuyer purchased a flat in the builder's project named Godrej Greens situated at Pune by paying the booking amount of Rs.3,89,604/-. On 26 September 2020, Homebuyer mailed builder to cancel …

RERA WEEKLY ROUND UP NOVEMBER 11 – NOVEMBER 17
1 month, 2 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 …

Karnataka RERA Directs Ozone Urbana Infra Developers To Refund Rs. 1.08 Crores To Homebuyer For Delay
1 month, 2 weeks ago

Karnataka RERA Directs Ozone Urbana Infra Developers To Refund Rs. 1.08 Crores To Homebuyer For Delay

Live Law  

Karnataka Real Estate Regulatory Authority bench, comprising Neelmani N Raju has directed Ozone Urbana Infra Developers to refund Rs. Observation and Direction by Authority The authority observed that despite entering into agreement for sale to hand over the flat to the homebuyer by June 2023 and receiving total sales consideration the builder has failed to abide by the terms of …

TSRERA Orders Refund To Homebuyer Who Paid Builder Without Verifying Project Registration, Refuses To Provide Interest
1 month, 3 weeks ago

TSRERA Orders Refund To Homebuyer Who Paid Builder Without Verifying Project Registration, Refuses To Provide Interest

Live Law  

Telangana Real Estate Regulatory Authority bench comprising Justice Dr. N. Satyanarayana, K. Srinivasa Rao and Laxmi Narayana Jannu directed the builder to refund the initial amount paid by the homebuyer for purchasing a flat in the builder unregistered project. Authority refused to provide interest on the amount holding that it was the homebuyer duty to perform due diligence before making …

Haryana RERA Directs Pareena Infrastructures To Pay Interest, Execute Conveyance Deed In Favour Of Homebuyer
1 month, 3 weeks 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 …

Delhi District Commission Orders Shree Vardhman Developers To Refund Amount Paid By Homebuyer
2 months ago

Delhi District Commission Orders Shree Vardhman Developers To Refund Amount Paid By Homebuyer

Live Law  

The District Consumer Disputes Redressal Commission-II bench comprising Monika A Srivastava, Dr. Rajender Dhar and Ritu Garodia directed Shree Vardhman Developers Pvt. ft. in the builder's project named Shree Vardhman Gardenia, located in Sonepat, Haryana by paying an initial amount of Rs. Observation by Commission The Commission noted that even after paying a significant amount of consideration the homebuyer has …

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

Delay Of Over 8 Years, Haryana RERA Directs KNS Infracon To Refund And Settle Homebuyer's Loan Account
2 months 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
3 months, 3 weeks 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 …

Refunded Amount Should Be Paid From Date Of Deposit To Ensure Restitution: NCDRC
4 months ago

Refunded Amount Should Be Paid From Date Of Deposit To Ensure Restitution: NCDRC

Live Law  

The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and AVM J. Rajendra, held that the refunded amount should be paid from the date of deposit and should be both restitutionary and compensatory. Brief Facts of the Case The complainant booked a flat with the Punjab Urban Planning & Development Authority/developer and paid ₹3,00,000 as earnest money. The …

Refund Offer From Builder After Long Delay Considered Inadequate: NCDRC
4 months ago

Refund Offer From Builder After Long Delay Considered Inadequate: NCDRC

Live Law  

The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and Dr. Sadhna Shanker, held Lucknow Development Authority liable for deficiency in service. The Commission held that a buyer can not be made to wait indefinitely for possession, and a refund offer from the builder after a long delay is inadequate. The complainant filed a complaint before the State …

Haryana RERA Orders Imperia Structures To Pay Interest To Homebuyer For Delayed Possession
4 months, 3 weeks 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
4 months, 3 weeks 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 …

Telangana RERA Orders Refund To Homebuyers Of Jaya Gold And Imposes Penalty On Jayathri Infrastructures For Selling Unregistered Project
4 months, 3 weeks ago

Telangana RERA Orders Refund To Homebuyers Of Jaya Gold And Imposes Penalty On Jayathri Infrastructures For Selling Unregistered Project

Live Law  

Telangana Real Estate Regulatory Authority bench, comprising Justice Dr. N. Satyanarayana, K. Srinivasa Rao, and Laxmi Narayana Jannu, directed M/s Jayathri Infrastructures India, the builder, to refund the amount paid by the Four homebuyers of Jaya Gold for their respective flats. Additionally, the Authority imposed a penalty of ₹9.78 Lakh on the builder for marketing, advertising, and selling the unregistered …

Haryana RERA Orders Emaar To Refund Amount Paid By Homebuyer
4 months, 3 weeks ago

Haryana RERA Orders Emaar To Refund Amount Paid By Homebuyer

Live Law  

Haryana Real Estate Regulatory Authority bench, comprising Ashok Sangwan, has directed M/s Emaar Mgf Land Ltd., the builder to refund ₹1.30 crores with interest to homebuyer who purchased a villa in their Marbella Project. Therefore, being aggrieved by the builder's conduct, the homebuyer filed a complaint before the authority seeking a refund of the amount paid along with interest. Observation …

Karnataka RERA Orders Shrivision Towers To Pay Interest To Homebuyer For Delayed Possession
4 months, 4 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 …

Buyers Have Rights To Refund In Cases Of Delay And Cancellation Of Allotment: NCDRC
4 months, 4 weeks ago

Buyers Have Rights To Refund In Cases Of Delay And Cancellation Of Allotment: NCDRC

Live Law  

The National Consumer Disputes Redressal Commission, presided by Subhash Chandra and AVM J. Rajendra, held Big Banyan Roots liable for deficiency in service and held that a buyer has rights to a refund in cases of delay or cancellation of allotment. The State Commission partly allowed the complaint and directed the builder to refund the sum of Rs.75,58,000 to the …

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

SC upholds order for refund of amount to home buyers by builder for delayed possession of flat
5 months, 1 week ago

SC upholds order for refund of amount to home buyers by builder for delayed possession of flat

Hindustan Times  

New Delhi, Jul 29 The Supreme Court on July 29 upheld an order of the National Consumer Disputes Redressal Commission directing a developer to refund the entire amount paid by the home buyers for delayed possession of their flat. SC upholds order for refund of amount to home buyers by builder for delayed possession of flat A bench of Justices …

MahaRERA - Homebuyers Accepting Partial Refund From Builder Without Interest Can't Later Seek Refund With Interest
5 months, 2 weeks ago

MahaRERA - Homebuyers Accepting Partial Refund From Builder Without Interest Can't Later Seek Refund With Interest

Live Law  

While rejecting the homebuyers' request for a refund with interest, who had accepted a partial refund of 15 lakhs from the builder without interest, Maharashtra Real Estate Regulatory Authority bench, comprising Mahesh Pathak, held that homebuyers accepting a partial refund amount from the builder without interest cannot later seek a refund with interest under Section 18 of RERA, 2016. Aggrieved …

Haryana RERA Orders Raheja Developers To Pay Interest To Homebuyer For Delayed Possession
5 months, 2 weeks 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
5 months, 2 weeks 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, …

Homebuyers Failed To Make Timely Payment, MahaRERA Orders Homebuyers To Pay Dues To Builder With Interest
5 months, 3 weeks ago

Homebuyers Failed To Make Timely Payment, MahaRERA Orders Homebuyers To Pay Dues To Builder With Interest

Live Law  

Maharashtra Real Estate Regulatory Authority bench, comprising Mahesh Pathak, has directed homebuyers to pay the remaining amount with interest to Kapstone Constructions Private Limited, the builder, after they failed to make payment as per the terms and conditions of the agreement for sale. Aggrieved by the delay in payment from the homebuyers, the builder filed a complaint before the authority …

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

Can homebuyers seek refund of booking amount from a real estate developer in case of job loss?
6 months, 2 weeks ago

Can homebuyers seek refund of booking amount from a real estate developer in case of job loss?

Hindustan Times  

The Maharashtra Real Estate Regulatory Authority has directed the developer of Godrej Meadows project in Pune to partially refund the booking amount paid by two homebuyers after deducting 2% of the total booking amount. MahaRERA has directed the developer of Godrej Meadows project in Pune to partially refund the booking amount paid by two homebuyers after deducting 2% of the …

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