TSRERA Orders Refund To Homebuyer Who Paid Builder Without Verifying Project Registration, Refuses To Provide Interest
4 months, 1 week 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 the payment to the builder. The homebuyer also found out that the encumbrance certificate provided by Builder was invalid and that builder had violated multiple provisions of the RERA 2016, by advertising and selling the project without registration. 2 lakhs from the homebuyer the builder violated Section 3 of RERA, 2016 as they proceeded with the marketing and sale of flats in the project without securing the requisite approvals and permissions.

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History of this topic

MahaRERA Directs Piramal Estates To Refund Money Paid By Three Homebuyers, After Deducting 2% Of Total Consideration Amount
1 month, 1 week ago

MahaRERA Directs Piramal Estates To Refund Money Paid By Three Homebuyers, After Deducting 2% Of Total Consideration Amount

Live Law  

Maharashtra Real Estate Regulatory Authority bench, comprising of Mahesh Pathak has directed Piramal Estates to refund the amount paid by three homebuyers after deducting 2% of the total consideration. Authority observed that the builder, after cancelling the booking, resold the flats to other buyers and forfeited the entire amount paid by the homebuyers as per the booking agreement. The Authority …

Telangana RERA Orders Refund To Homebuyer And Imposes Rs 9.96 Lakh Penalty On Hyderabad-Based Builder For Selling Unregistered Project
2 months, 2 weeks ago

Telangana RERA Orders Refund To Homebuyer And Imposes Rs 9.96 Lakh Penalty On Hyderabad-Based Builder 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 the Hyderabad based builder named Krithika Infra Developers to refund the amount paid by the homebuyer for purchasing the flat. 9.96 lakh on the builder for marketing, advertising and selling the unregistered project to the homebuyer. The homebuyer further contended that …

Homebuyer Forced To Vacate Flat After Taking Possession Due To Unsafe Construction, Haryana RERA Directs NBCC To Pay Compensation
2 months, 3 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 Orders Agrante Developers To Refund Amount Paid By Homebuyer
Trending News
2 months, 3 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 …

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, 1 week 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
3 months, 1 week 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
3 months, 1 week 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, 2 weeks 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 …

Karnataka RERA Orders Dharwad-Based Builder To Refund ₹38.8 Lakhs To Homebuyer Due To Delay
3 months, 2 weeks 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 …

Telangana RERA Permits Association Of Homebuyers To Take Over Project Due To Builder's Failure
3 months, 2 weeks ago

Telangana RERA Permits Association Of Homebuyers To Take Over Project Due To Builder's Failure

Live Law  

While invoking Section 8 of the Real Estate Act, 2016, the Telangana Real Estate Regulatory Authority bench comprising Justice Dr. N. Satyanarayana, K. Srinivasa Rao, and Laxmi Narayana Jannu permitted the Association of Homebuyers to take over the project and complete it within eight months. Being Aggrieved, the homebuyers filed a complaint before the authority seeking possession and a direction …

Karnataka RERA Directs Ozone Urbana Infra Developers To Refund Rs. 1.02 Crores To Homebuyer
3 months, 3 weeks 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 …

Himachal RERA Rejects Homebuyer's Structural Defect Complaint Filed More Than 10 Years After Taking Possession
3 months, 3 weeks ago

Himachal RERA Rejects Homebuyer's Structural Defect Complaint Filed More Than 10 Years After Taking Possession

Live Law  

Himachal Real Estate Regulatory Authority bench comprising Justice Srikant Baldi rejected homebuyer's structural defect complaint, holding it to be time-barred as it was filed more than 10 years after taking possession. Therefore, the Authority held that the project must be registered under Section 3 of RERA, 2016, which states that a project with a total area exceeding 500 square meters …

Haryana RERA Holds AKME Projects Liable For Over 10 Years Of Delay In Manesar Project, Orders Refund To Homebuyer
4 months ago

Haryana RERA Holds AKME Projects Liable For Over 10 Years Of Delay In Manesar Project, Orders Refund To Homebuyer

Live Law  

Haryana Real Estate Regulatory Authority bench comprising Ashok Sangwan has directed M/s AKME Projects Ltd to refund the homebuyer due to a delay of over 10 years in handing over possession. Background facts Homebuyer purchased a flat in the builder's group housing project named Akme Raaga situated at Manesar, Gurugram by paying Rs. Therefore, to determine the possession date the …

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

Haryana RERA Orders Raheja Developers To Refund Three Homebuyers Of Raheja Revanta Project
4 months, 1 week 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 …

WB REAT Upholds Authority's Decision Directing Builder To Refund ₹11 Lakh To Homebuyer, Initiates Proceedings For Selling Unregistered Project
4 months, 3 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 …

Refund Offer From Builder After Long Delay Considered Inadequate: NCDRC
6 months, 3 weeks 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 …

Telangana RERA Orders Refund To Homebuyers Of Jaya Gold And Imposes Penalty On Jayathri Infrastructures For Selling Unregistered Project
7 months, 2 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
7 months, 2 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 …

Buyers Have Rights To Refund In Cases Of Delay And Cancellation Of Allotment: NCDRC
7 months, 3 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 …

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

Homebuyers Failed To Make Timely Payment, MahaRERA Orders Homebuyers To Pay Dues To Builder With Interest
8 months, 1 week 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 …

Delay In Handing Over Possession, Karnataka RERA Directs Ozone Urbana Infra Developers To Refund 82 Lakhs To Homebuyer
8 months, 2 weeks ago

Delay In Handing Over Possession, Karnataka RERA Directs Ozone Urbana Infra Developers To Refund 82 Lakhs To Homebuyer

Live Law  

Karnataka Real Estate Regulatory Authority bench, comprising Neelmani N Raju, has directed the builder, Ozone Urbana Infra Developers, to refund Rs. Background Facts The homebuyer purchased a flat in the builder's project named Urbana Avenue, which was part of the integrated township project Ozone Urbania. Ltd vs. State of Uttar Pradesh & Ors, where it was held that if the …

MahaRERA – Being Aware Of Market Conditions, Builders Should Conduct Due Diligence Before Declaring Project's Possession Date
8 months, 2 weeks 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 real estate developer to refund ₹66 lakh to flat buyer with interest
9 months ago

MahaRERA orders real estate developer to refund ₹66 lakh to flat buyer with interest

Hindustan Times  

MUMBAI: In a significant relief for a homebuyer, the Maharashtra Real Estate Regulatory Authority has directed a leading property developer to refund ₹66 lakh, accepted from the buyer, along with interest for failing to complete the project by the stipulated date listed on the RERA website. MahaRERA orders real estate developer to refund ₹ 66 lakh to flat buyer with …

Builder Failed To Commence Construction Even After Two Years From Agreement Date, Karnataka RERA Orders Refund To Homebuyer
9 months, 1 week 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, 3 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. …

MahaRERA Directs Kalpataru Radiance Project To Refund Money With Interest Or Pay Monthly Interest To Homebuyers Choosing To Stay
10 months ago

MahaRERA Directs Kalpataru Radiance Project To Refund Money With Interest Or Pay Monthly Interest To Homebuyers Choosing To Stay

Live Law  

In a relief to Homebuyers, Maharashtra Real Estate Regulatory Authority Bench, comprising of Ajoy Mehta, has directed the builder to refund the amount with interest to homebuyers opting to withdraw and to pay monthly interest to homebuyers choosing to stay invested in the Kalpataru Radiance Project. Contention of Builder Homebuyers approached them to purchase the flat after the Maharashtra Housing …

Consumer Cases Weekly Round-Up: 8th to 14th April 2024
11 months, 1 week 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, …

HPRERA - Builder Cannot Demand Full Payment from Homebuyer If Project's Occupancy Certificate Has Not Been Obtained
11 months, 2 weeks ago

HPRERA - Builder Cannot Demand Full Payment from Homebuyer If Project's Occupancy Certificate Has Not Been Obtained

Live Law  

The Himachal Real Estate Regulatory Authority bench comprising of Justice Dr. Srikant Badli and BC Badalia, has held that a builder cannot demand full payment from the homebuyer if the Project's Occupancy Certificate has not been obtained and the construction of the flat is not complete within the agreed time for delivery of possession. HPRERA Order HPRERA, while directing the …

Haryana RERA Directs Builder To Refund The Homebuyer's Amount With Interest, Rejects Builder's Investor Argument
11 months, 3 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 …

Homebuyer Paid Booking Price On Spot Without Reading Terms Of Document, Karnataka RERA Orders Full Refund
11 months, 3 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 …

Builder ordered to pay Rs 1 lakh for delaying flat possession
4 years, 4 months ago

Builder ordered to pay Rs 1 lakh for delaying flat possession

India TV News  

The Consumer Commission has ordered a builder in Maharashtra's Thane district to pay Rs 1 lakh to a home buyer for delaying the possession of a flat. As per the complaint, the builder from Ghatkopar had floated a project called Vinayak Krupra at Titwala, in which the complainants had booked a flat for Rs 13 lakh and other miscellaneous charges …

Home Buyers Can Demand Interest On Refund Even After Accepting Refund Without Protest: NCDRC [Read Order]
6 years, 5 months ago

Home Buyers Can Demand Interest On Refund Even After Accepting Refund Without Protest: NCDRC [Read Order]

Live Law  

The National Consumer Disputes Redressal Commission recently allowed a disgruntled home-buyer to claim interest on the refund amount received by him post the builder’s inability to deliver possession of the booked flat, despite the fact that he had earlier accepted the refund amount without any protest on the lack of interest.The NCDRC was hearing an appeal filed by a. The …

Aundh residents ‘win’ ₹8 crore refund from Pune builder
6 years, 9 months ago

Aundh residents ‘win’ ₹8 crore refund from Pune builder

Hindustan Times  

Following an order by the National Consumer Disputes Redressal Commission, a Pune builder will have to pay around ₹8.14 crore, with an additional compensation of ₹32.56 lakh, to two Aundh residents after failing to hand over a completed villa within the stipulated time. The commission directed Marvel Omega builders private limited to refund ₹ 8.14 crore, the amount that the …

Maharashtra housing regulator makes developer refund Rs 7 crore to home buyers for delay
6 years, 10 months ago

Maharashtra housing regulator makes developer refund Rs 7 crore to home buyers for delay

India TV News  

In the highest refund order since its inception, the real estate body Maharashtra Real Estate and Regulation Authority has got a builder to shell out Rs 7 crore in compensation for not handing over flats to home-buyers within the promised time. RERA officials stated in the ruling, "The complainants are entitled to get back their amount with simple interest at …

No RERA nod for 20 housing projects, Karnataka builders in a scramble
7 years, 3 months ago

No RERA nod for 20 housing projects, Karnataka builders in a scramble

New Indian Express  

Thanks to RERA, individuals who have invested in houses can now expect refund of their investments in case of violations or breach of trust on the part of the developers. IT professional T Sandeep was the first person in the city to be refunded `9,00,064 from a builder after he lodged a complaint with RERA. Later, I changed my mind …

Errant builder told to pay over Rs.50 lakh to flat applicant
11 years, 11 months ago

Errant builder told to pay over Rs.50 lakh to flat applicant

India TV News  

Noida, Apr 9: A builder who failed to start a Greater Noida residential project on time has landed in trouble as a consumer court here has directed him to pay compensation of Rs.3 lakh and refund the over Rs.49 lakh cost of a flat to a complainant. "The complainant had a dream of having his own house, but it was …

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