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7 hours, 15 minutes 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 …

Flat Delay Builder Authority Homebuyer Vatika Sovereign Park

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 …

Flat Project Builder Authority Homebuyer Rera Orders Raheja Developers

3 days, 15 hours 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 …

Form Builder Booking Refund Authority Homebuyer Earnest Money

4 days, 10 hours 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 …

Agreement Flat Delay Builder Possession Authority Homebuyer

1 week, 4 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 …

Complainant Mou Shop Builder Possession Booking Refund

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 …

Compensation Interest Authority Homebuyer Delay Possession

1 week, 6 days 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 …

Delay Rera Builder Possession Authority Homebuyer

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 …

Rera Builder Refund Authority Homebuyer

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 …

Delhi Regulatory Title State Commission Estate Real

2 weeks, 6 days 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 …

Flat Delay Rera Builder Possession Authority Homebuyer

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 …

Real Estate Title Rera Godrej Properties Possession Deficiency Authority

3 weeks, 3 days 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 …

Homebuyers Delay Builder Possession Authority Spenta Enclave

3 weeks, 5 days 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 …

Homebuyers Project Delay Rera Builder Possession Authority

3 weeks, 5 days 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 …

Flat Date Rera Builder Possession Months Offer

3 weeks, 6 days 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 …

Godrej Properties Builder Refund Authority Homebuyer Consideration Maharashtra Rera

1 month 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 …

Project Builder Authority Homebuyer Rera Orders

1 month, 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 …

Builder Possession Authority Homebuyer Conveyance Deed Pareena Infrastructures

1 month, 1 week ago

Delay Of 3.5 Years In Delivering Possession Of Plot, Himachal RERA Directs Builder To Pay Rs. 2.92 Crore As Interest To Complainant

Live Law

Himachal Real Estate Regulatory Authority bench comprising Justice Srikant Baldi directed the builder to pay Rs. Authority noted that during the pendency of the matter builder refunded the amount which complainant had paid in order to purchase the plot. Rule 15 stipulates that the interest rate payable by either the builder to the allottee or the allottee to the builder …

Interest Complainant Builder Plot Authority Rera Directs

1 month, 2 weeks ago

Punjab RERA Orders Omaxe Chandigarh Extension To Pay Interest To Homebuyer For Delayed Possession

Live Law

Punjab Real Estate Regulatory Authority bench consisting of Binod Kumar Singh, directed M/s Omaxe Chandigarh Extension Developments Pvt. Which is a subsidiary of Real Estate company Omaxe Ltd. to pay interest to homebuyer for the delay in handing over possession of the flat. Therefore, being aggrieved, homebuyer filed complaint before authority seeking interest for the delay in handing over possession …

Interest Builder Possession Authority Homebuyer Punjab Rera

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

1 month, 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 …

Loan Flat Builder Possession Emi Refund Authority

2 months, 4 weeks ago

Piyush Goyal urges realtors to ensure guaranteed ESIC and PF registration for over 7 cr people employed in the sector

Hindustan Times

Commerce and Industry Minister Piyush Goyal has urged members of CREDAI to ensure 7 crore people employed in the real estate sector get a guaranteed ESIC and provident fund registration, adopt faster and sustainable construction methods to cut down on pollution and costs and set up manufacturing facilities for construction equipment that is currently imported. Commerce and Industry Minister Piyush …

India Construction Registration Equipment Estate Real Sector

3 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 …

Pay Flat Rera Builder Possession Authority Subsequent

4 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, …

Interest Flat Builder Hand Authority Homebuyer Orders Imperia

4 months, 1 week 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 …

Homebuyers Project Mou Builder Refund Jaya Authority

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Articles for Rera, search results for interest

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

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

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

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

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

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

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

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

REAL ESTATE WEEKLY ROUND UP: DECEMBER 2 – DECEMBER 8

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

RERA WEEKLY ROUND UP: NOVEMBER 25 – DECEMBER 1

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

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

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

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

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

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

Delay Of 3.5 Years In Delivering Possession Of Plot, Himachal RERA Directs Builder To Pay Rs. 2.92 Crore As Interest To Complainant

Punjab RERA Orders Omaxe Chandigarh Extension To Pay Interest To Homebuyer For Delayed Possession

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

Piyush Goyal urges realtors to ensure guaranteed ESIC and PF registration for over 7 cr people employed in the sector

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

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

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