Haryana Real Estate Regulatory Authority Failure To Provide Possession Within 48 Months, Haryana RERA Orders Pareena Infrastructures To Pay Interest To Homebuyer Case – Rajat Walia & another Versus M/s Pareena Infrastructures Pvt. Ltd. Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed Pareena Infrastructures...
Haryana Real Estate Regulatory Authority
Case – Rajat Walia & another Versus M/s Pareena Infrastructures Pvt. Ltd.
Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed Pareena Infrastructures Pvt. Ltd, the builder, to pay interest to the homebuyer for the delay in handing over possession.
Payment Of Assured Returns By Builder To Homebuyer Not Banned By Unregulated Deposit Schemes Act
Case – Renu Yadav & another Versus M/s. Neo Developers Private Ltd
Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), held that payment of assured returns by builder to homebuyer is protected under Banning Of Unregulated Deposit Schemes act, 2019.
Haryana RERA Orders Raheja Developers To Refund 2 Crores With Interest To Homebuyer
Case – Gowrishankar Versus M/s Raheja Developers Limited
Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed Raheja Developers, the builder to refund ₹2 crores with interest to homebuyer who invested in their Raheja Revanta Project. The homebuyer decided to withdraw from the project after the builder rejected his decision to opt for the buy-back scheme, which was available starting from the 33rd month from the date of booking.
Maharashtra Real Estate Regulatory Authority
Case – Association Of Flat Units Purchaser Versus M/S Commercial Developers
Maharashtra Real Estate Regulatory Authority (Authority) bench, comprising Ajoy Mehta (Chairperson), has directed M/s. commercial developers, the builder to form cooperative society and execute conveyance deeds in favor of homebuyers.
MahaRERA Orders Jayesh Buildcon To Pay Interest To Homebuyers For Delay In Handing Over Possession
Case – Joel Badigar Versus Jayesh Buildcon A/W Sangita Vikram Kere Versus Jayesh Buildcon
Maharashtra Real Estate Regulatory Authority (Authority) bench, comprising Mahesh Pathak (Member-I), directed Jayesh Buildcon to pay interest to the homebuyer for the delay in handing over possession of the flat.
Case – Harshad Popatlal Shah & Another Versus Greenfield Developers & Realtors L.L.P & Others
While directing the builder to pay interest to the homebuyer for delayed possession, Maharashtra Real Estate Regulatory Authority (Authority) bench, comprising Ajoy Mehta (Chairperson), held that builders are aware of market conditions, therefore, they are required to conduct due diligence before declaring the possession date.
Telangana Real Estate Regulatory Authority
Telangana RERA Imposes 4 Lakh Penalty On Builder For Failing To Install Elevator
Case – Sri Kandi Lakshma Reddy & others Versus M/s Abhi Constructions
Telangana Real Estate Regulatory Authority (Authority) bench, comprising Justice Dr. N. Satyanarayana (Chairperson), K. Srinivasa Rao (Member), and Laxmi Narayana Jannu (Member), imposed a ₹4 lakh penalty on M/s Abhi Constructions for failing to install the elevator. Additionally, the Authority directed the builder to fix the structural defects arising from the project.
Gujarat Real Estate Regulatory Authority
Case – Waseem Ahmad Bhat Versus Shree Siddhi Infrabuildcon LLP & another
Gujarat Real Estate Regulatory Authority (Authority) bench, comprising MA Gandhi (Member) and Dr. MD Modiya (Member), has held Godrej Properties as the promoter of the Green Glades Project, where Godrej was responsible for marketing, advertising, and selling the project.
Karnataka Real Estate Regulatory Authority
Case – P Deepak Kumar Mahenderkar Versus Ozone Infra Developers Private Limited
Karnataka Real Estate Regulatory Authority (Authority) bench, comprising Neelmani N Raju (Member), has directed Ozone Infra Developers Private Limited, the builder, to pay interest to the homebuyer for their failure to hand over possession of the flat on time and to hand over possession to the homebuyer.
Failure To Pay Pre-EMI For 4 Years, Karnataka RERA Orders Builder To Refund Amount Paid By Homebuyer
Case – Vijayanand Paulraj Versus Ozone Urbania Infra Developers
Karnataka Real Estate Regulatory Authority (Authority) bench, comprising Neelmani N Raju (Member), has directed Ozone Urbania Infra Developers, the builder, to refund the amount paid by the homebuyer with interest after the builder failed to pay Pre-EMI to the bank for 4 years under the subvention scheme.
Case – Bharatkumar Ravishankar Sharma & Another Versus Ozone Urbana Infra Developers
Karnataka Real Estate Regulatory Authority (Authority) bench, comprising Neelmani N Raju (Member), has directed the builder, Ozone Urbana Infra Developers, to refund Rs. 82 lakhs to the homebuyer after the builder failed to provide possession of the flat on time. According to the agreement, the builder promised to provide possession by June 2023.
Punjab Real Estate Regulatory Authority (Authority)
Case – Karishma Singhal Versus M/S Altus Space Builders Pvt. Limited
Punjab Real Estate Regulatory Authority (Authority) bench, consisting of Malwinder Singh Jaggi (Member), has directed Altus Space Builders Pvt. Limited, the builder to pay interest to the complainant for the 8-year delay in handing over possession of the plot.