Browsing Tag

allottee rights

2 posts
In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.

Investor Turned Flat Purchase Qualifies as ‘Allottee’ – Builder Ordered to Refund ₹20 Lakh + Interest

In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.
In a pioneering ruling, MahaREAT directs developers to repay a buyer's 2009 cash booking of ₹7.5 lakh as part of ₹15 lakh relief with interest, upholding an unregistered deal and piercing partnership defenses.

MahaRERA Tribunal Holds Ex-Partner as ‘Promoter’, Affirms Allottee’s Rights in RERA Battle

In a key ruling, the MahaRERA Appellate Tribunal has held a former partner in a real estate firm to be a ‘promoter’ under the RERA Act, rejecting his plea to waive the mandatory pre-deposit before appeal. The decision affirms the rights of an allottee in a delayed possession dispute and reinforces the legal safeguards built into RERA.