Browsing Tag

homebuyer refund

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MahaRERA has deregistered the Marvel Castella project in Pune after the promoters fully refunded all 22 homebuyers and cancelled their agreements citing financial difficulties. The Authority approved the request as no allottee raised any objection.

MahaRERA Deregisters Marvel Castella Project in Pune After Full Refund to All Buyers

MahaRERA has deregistered the Marvel Castella project in Pune after the promoters fully refunded all 22 homebuyers and cancelled their agreements citing financial difficulties. The Authority approved the request as no allottee raised any objection.
MahaRERA orders new developer to hand over flat and pay interest despite claiming it never received payment, holding both builders jointly liable in Mumbai Evergreen Woods case.

MahaRERA Orders Partial Refund in Godrej City Panvel Case, Rejects Clause Challenge

“MahaRERA has allowed partial refund of booking amount in one case while rejecting demands to amend standard clauses in the Agreement for Sale, citing its own previous orders on non-negotiable terms.”
In a significant setback for Runwal Homes, the Maharashtra Real Estate Appellate Tribunal has directed refund of over ₹39 lakh to homebuyers in Runwal Greens, Mulund, after finding the promised 1096 sq. ft. carpet area was actually far less as per approved plans. The Tribunal also awarded interest on the entire delay from 2015 to 2020, overturning MahaRERA’s developer-friendly order.

Runwal Greens Mulund: Tribunal Orders Runwal To Refund ₹39.8L for Less Carpet Area + Delay Interest

In a significant setback for Runwal Homes, the Maharashtra Real Estate Appellate Tribunal has directed refund of over ₹39 lakh to homebuyers in Runwal Greens, Mulund, after finding the promised 1096 sq. ft. carpet area was actually far less as per approved plans. The Tribunal also awarded interest on the entire delay from 2015 to 2020, overturning MahaRERA’s developer-friendly order.
MahaRERA orders new developer to hand over flat and pay interest despite claiming it never received payment, holding both builders jointly liable in Mumbai Evergreen Woods case.

Refund Allowed — But Not Final: Homebuyers Must Repay If Builder Wins Appeal

The MahaRERA Appellate Tribunal has allowed homebuyers to withdraw refund amounts ordered by MahaRERA—but with a key condition: if the builder succeeds in appeal, the buyers must return the money with interest. The ruling attempts to balance buyer hardship with developer rights amid long-pending real estate disputes.
MahaRERA has ruled that a booking application form does not by itself create a binding sale contract and directed Mahindra Happinest Developers to refund ₹1.50 lakh to a homebuyer, holding that forfeiture was illegal as the booking was never completed.

Booking Form Alone Does Not Create Binding Sale Contract: MahaRERA Orders Refund to Homebuyer

MahaRERA has ruled that a booking application form does not by itself create a binding sale contract and directed Mahindra Happinest Developers to refund ₹1.50 lakh to a homebuyer, holding that forfeiture was illegal as the booking was never completed.