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		<title>Mumbai Homebuyers Wait 16 Years for Flats, Finally Gets Relief</title>
		<link>https://squarefeatindia.com/mumbai-homebuyers-wait-16-years-for-flats-finally-gets-relief/</link>
		
		<dc:creator><![CDATA[SquareFeatIndia]]></dc:creator>
		<pubDate>Fri, 05 Jun 2026 02:04:00 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[2G Spectrum Scam]]></category>
		<category><![CDATA[Delayed possession]]></category>
		<category><![CDATA[Godrej Avenue Eleven]]></category>
		<category><![CDATA[Godrej Residency]]></category>
		<category><![CDATA[Indo Global Soft Solutions]]></category>
		<category><![CDATA[maharera order]]></category>
		<category><![CDATA[mumbai homebuyers]]></category>
		<category><![CDATA[Neelkamal Realtors]]></category>
		<category><![CDATA[Real Estate Delay]]></category>
		<category><![CDATA[RERA Allottee]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=12861</guid>

					<description><![CDATA[<p>Family paid ₹4.22 crore in 2010 for Godrej project flats. MahaRERA rejects Godrej’s objections, orders Agreement for Sale execution and delay interest after 16 years.</p>
<p>The post <a href="https://squarefeatindia.com/mumbai-homebuyers-wait-16-years-for-flats-finally-gets-relief/">Mumbai Homebuyers Wait 16 Years for Flats, Finally Gets Relief</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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<p>In a detailed order, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has granted partial relief to a family that has waited over 16 years for their flats, while also addressing several strong legal objections raised by the current promoter, Godrej Residency Private Limited.</p>



<p>Prajesh Chandra Mohan, Micky Prajesh Mohan, and Naina Chandra Mohan had booked two luxury flats (B-3903 and B-4203) in Tower B of the project originally launched as <strong>Orchid Heights</strong>, later renamed <strong>One Mahalaxmi Phase 2</strong>. The project is now known as <strong>Godrej Avenue Eleven &#8211; Tower B</strong> (MahaRERA Registration No. P51900006299).</p>



<p>In 2010, the family paid around <strong>₹2.11 crore each</strong> (nearly 30% of the ₹7.22 crore per flat) to the original developer, <strong>Neelkamal Realtors Tower Private Limited</strong>. They received only a stamped “Request for Allotment” (RFA) document, which described the payment as an <strong>“Interest Free Deposit”</strong> and clearly stated that the document did <strong>not</strong> constitute an Agreement for Sale.</p>



<p>The project faced a major crisis when directors of Neelkamal Realtors were arrested in the infamous <strong>2G spectrum scam</strong>, leading to stalled construction. In 2011, the developer assured the buyers via email that the arrests had not impacted the project. Communication eventually became irregular.</p>



<p><strong>Timeline of Promoter Changes:</strong></p>



<ul class="wp-block-list">
<li><strong>Neelkamal Realtors</strong> remained the original promoter.</li>



<li><strong>Indo Global Soft Solutions and Technologies Pvt. Ltd.</strong> was inducted as co-promoter around 2018.</li>



<li><strong>Godrej Residency Private Limited</strong> later took over the project as the present promoter and rebranded it.</li>
</ul>



<p>The promised date of completion has been extended multiple times. The current extended date stands at <strong>31 December 2028</strong>, and the project is yet to receive an Occupancy Certificate.</p>



<p>In April 2021, the family filed complaints before MahaRERA. They initially sought a full refund with 18% interest. Later, they amended their pleas to demand execution of Agreement for Sale, interest for delayed possession from 2013, ₹20 lakh compensation, and an injunction.</p>



<p><strong>Godrej’s Key Objections</strong></p>



<p>Godrej Residency Pvt. Ltd. strongly contested the complaints and submitted the following:</p>



<ul class="wp-block-list">
<li>The complainants are not “allottees” under RERA Section 2(d) as no formal allotment letters or registered Agreements for Sale were ever executed.</li>



<li>They lack locus standi to file the complaints.</li>



<li>The old RFA was merely an offer, not a binding contract, and carried no possession date.</li>



<li>Payments were accepted as “Interest Free Deposit”, which was legally permissible under MOFA at that time.</li>



<li>Godrej offered to refund the principal amount paid to the original promoter without interest.</li>



<li>The complaints were premature since the revised possession date is December 2028.</li>



<li>The complainants had allegedly accepted the revised layout plans and the change in promoter.</li>



<li>The amendment of the complaint (from refund to possession + interest) was impermissible as it changed the nature of the case.</li>
</ul>



<p><strong>MahaRERA’s Ruling (2nd June 2026)</strong></p>



<p>MahaRERA Member Shri. Ravindra Deshpande, after hearing both sides, passed the following order:</p>



<ul class="wp-block-list">
<li>The complainants qualify as <strong>“allottees”</strong> under RERA due to substantial payments, continuous correspondence, and identification of specific flats over 15+ years.</li>



<li><strong>Godrej Residency Pvt. Ltd.</strong> has stepped into the shoes of the previous promoters and is liable for past obligations. All three respondents (Neelkamal, Indo Global, and Godrej) are <strong>jointly and severally liable</strong>.</li>



<li>The termination letter issued by Godrej was declared invalid.</li>



<li>Godrej must execute and register formal <strong>Agreements for Sale</strong> for both flats within <strong>60 days</strong>.</li>



<li>The buyers are entitled to <strong>delay interest</strong> at the prescribed RERA rate (from 1st January 2023 till possession with Occupancy Certificate) on the amounts paid (excluding taxes and statutory charges).</li>



<li>Claims for ₹20 lakh compensation, full refund, project revocation, and injunction were rejected.</li>



<li>Each complainant was awarded ₹20,000 as litigation costs.</li>
</ul>



<p>This order reflects MahaRERA’s approach of balancing homebuyer protection with the continuation of the project under the new promoter.</p>



<p>Also Read: <a href="https://squarefeatindia.com/even-without-agreement-for-sale-maharera-can-order-refund-to-prevent-injustice/" type="post" id="11664">Even Without Agreement for Sale, MahaRERA Can Order Refund to Prevent Injustice</a></p>
<p>The post <a href="https://squarefeatindia.com/mumbai-homebuyers-wait-16-years-for-flats-finally-gets-relief/">Mumbai Homebuyers Wait 16 Years for Flats, Finally Gets Relief</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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