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	<title>MahaRERA interest order Archives - Square Feat India</title>
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		<title>MahaRERA Orders Interest for Delay in Gulraj Trinity Project, Allows 15 Homebuyer Complaints</title>
		<link>https://squarefeatindia.com/maharera-orders-interest-for-delay-in-gulraj-trinity-project-allows-15-homebuyer-complaints/</link>
		
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		<pubDate>Fri, 02 Jan 2026 08:45:35 +0000</pubDate>
				<category><![CDATA[Realty]]></category>
		<category><![CDATA[delayed possession RERA]]></category>
		<category><![CDATA[Gulraj Trinity case]]></category>
		<category><![CDATA[homebuyer rights India]]></category>
		<category><![CDATA[MahaRERA interest order]]></category>
		<category><![CDATA[MahaRERA judgement]]></category>
		<category><![CDATA[maharera order]]></category>
		<category><![CDATA[mumbai real estate news]]></category>
		<category><![CDATA[possession delay case]]></category>
		<category><![CDATA[Reliable Builders developers]]></category>
		<category><![CDATA[RERA Section 18]]></category>
		<guid isPermaLink="false">https://squarefeatindia.com/?p=11450</guid>

					<description><![CDATA[<p>MahaRERA has ordered Reliable Builders &#038; Developers to pay interest for delayed possession to 15 homebuyers in the Gulraj Trinity project, holding that contractual possession dates cannot be overridden by unilateral extensions.</p>
<p>The post <a href="https://squarefeatindia.com/maharera-orders-interest-for-delay-in-gulraj-trinity-project-allows-15-homebuyer-complaints/">MahaRERA Orders Interest for Delay in Gulraj Trinity Project, Allows 15 Homebuyer Complaints</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
]]></description>
										<content:encoded><![CDATA[
<p>In a significant order reinforcing homebuyer rights under the Real Estate (Regulation and Development) Act, 2016, the <strong>Maharashtra Real Estate Regulatory Authority (MahaRERA)</strong> has held <strong>M/s Reliable Builders &amp; Developers</strong> and its associated entities liable for delayed possession in the residential project <strong>“Gulraj Trinity”</strong> located at Goregaon (West), Mumbai.</p>



<p>While <strong>two complaints were dismissed</strong>, MahaRERA <strong>allowed 15 complaints</strong>, directing the developer to pay <strong>interest for delayed possession</strong> and to hand over flats along with the <strong>Occupancy Certificate (OC)</strong>, where applicable.</p>



<p>The order was passed by <strong>MahaRERA Chairperson Manoj Saunik</strong> on <strong>December 26, 2025</strong>, following a common hearing of <strong>17 connected complaints</strong>.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Background of the Case</h2>



<p>The complaints were filed by <strong>17 individual homebuyers</strong> against <strong>M/s Reliable Builders &amp; Developers</strong>, along with its directors and associate firms including <strong>Orchid Buildcon Pvt. Ltd.</strong>, in respect of the project <em>Gulraj Trinity</em> (MahaRERA Registration No. <strong>P51800005013</strong>).</p>



<p>As per the MahaRERA portal, the project was originally scheduled for completion by <strong>July 31, 2019</strong>, later revised to <strong>June 30, 2021</strong>, and further extended to <strong>December 31, 2025</strong>. Despite multiple extensions, the project has <strong>not received its Occupancy Certificate till date</strong>.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">What Homebuyers Alleged</h2>



<p>Homebuyers who had executed <strong>registered Agreements for Sale</strong> alleged that:</p>



<ul class="wp-block-list">
<li>Possession was contractually due on or before <strong>December 31, 2020</strong></li>



<li>Substantial consideration amounts were paid</li>



<li>Several buyers were servicing <strong>home loans and pre-EMIs</strong></li>



<li>Construction remained stalled or severely delayed</li>



<li>Extensions were uploaded on the MahaRERA portal <strong>without buyer consent</strong></li>
</ul>



<p>Some buyers also alleged violations of <strong>Sections 11, 12, 18 and 19 of RERA</strong>, including lack of transparency and unilateral changes.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Developer’s Defence</h2>



<p>The developer argued that:</p>



<ul class="wp-block-list">
<li>Delays were caused by <strong>force majeure events</strong>, including a <strong>stop-work notice by the Slum Rehabilitation Authority (SRA)</strong> issued in August 2022</li>



<li>COVID-19 disruptions and labour shortages affected construction</li>



<li>MahaRERA’s COVID-related <strong>statutory moratorium extensions</strong> applied to the project</li>



<li>Certain buyers were in <strong>payment default</strong>, disentitling them from relief</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Two Complaints Dismissed at Booking Stage</h2>



<p>MahaRERA dismissed complaints at <strong>Sr. Nos. 1 and 2</strong>, noting that:</p>



<ul class="wp-block-list">
<li>Both buyers had booked flats at the <strong>Expression of Interest (EOI)</strong> stage</li>



<li>No registered Agreement for Sale was executed</li>



<li>The complainants themselves sought cancellation or failed to adhere to payment schedules</li>



<li>Forfeiture of booking amounts was in accordance with EOI terms</li>
</ul>



<p>The Authority held that <strong>no illegality or arbitrariness</strong> could be attributed to the developer in these cases.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">MahaRERA Allows 15 Complaints, Finds Developer in Default</h2>



<p>For the remaining <strong>15 complaints</strong>, MahaRERA found that:</p>



<ul class="wp-block-list">
<li>Valid <strong>registered Agreements for Sale</strong> existed</li>



<li>Possession timelines had lapsed</li>



<li>The project still lacked an <strong>Occupancy Certificate</strong></li>



<li>The developer failed to justify delays beyond limited statutory moratorium periods</li>
</ul>



<p>The Authority ruled that unilateral extensions on the MahaRERA portal <strong>cannot override contractual and statutory rights of allottees</strong>.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Interest for Delayed Possession Ordered</h2>



<p>MahaRERA directed the developer to pay <strong>interest for delayed possession</strong> to eligible homebuyers:</p>



<ul class="wp-block-list">
<li>Interest to be calculated <strong>from January 1, 2021</strong> (or the contractual possession date)</li>



<li>Payable till <strong>actual handover of possession with Occupancy Certificate</strong></li>



<li>At the rate prescribed under <strong>Rule 18 of Maharashtra RERA Rules (SBI MCLR + 2%)</strong></li>
</ul>



<p>Interest arrears are to be <strong>adjusted against any outstanding dues</strong>, with the balance payable in one instalment.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Direction to Hand Over Possession</h2>



<p>In one case, MahaRERA issued a <strong>specific direction</strong> to immediately hand over possession of the flat along with OC.</p>



<p>For other complainants, possession is to be handed over upon completion, subject to payment adjustments.</p>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Compensation Claims Kept Open</h2>



<p>MahaRERA clarified that:</p>



<ul class="wp-block-list">
<li>Certain homebuyers are at liberty to approach the <strong>Adjudicating Officer</strong></li>



<li>This is limited to <strong>quantification of compensation</strong> under Section 71 of RERA</li>



<li>No compensation was quantified in the present order</li>
</ul>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Key Takeaway for Homebuyers</h2>



<p>The order reiterates a settled RERA principle:</p>



<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow">
<p><strong>Promoters cannot indefinitely delay possession by repeatedly extending timelines on the MahaRERA portal. Where possession is delayed beyond the contractual date, allottees are entitled to interest under Section 18 of RERA.</strong></p>
</blockquote>



<hr class="wp-block-separator has-alpha-channel-opacity"/>



<h2 class="wp-block-heading">Why This Order Matters</h2>



<ul class="wp-block-list">
<li>Reinforces <strong>buyer protection</strong> in delayed real estate projects</li>



<li>Clarifies limits of <strong>force majeure and statutory extensions</strong></li>



<li>Affirms that <strong>registered agreements prevail</strong> over portal updates</li>



<li>Provides relief to multiple buyers in a single consolidated order</li>
</ul>



<p>Also Read: <a href="https://squarefeatindia.com/maharera-orders-full-refund-with-interest-to-homebuyer-for-possession-delay/">MahaRERA Orders Full Refund with Interest to Homebuyer for Possession Delay</a></p>
<p>The post <a href="https://squarefeatindia.com/maharera-orders-interest-for-delay-in-gulraj-trinity-project-allows-15-homebuyer-complaints/">MahaRERA Orders Interest for Delay in Gulraj Trinity Project, Allows 15 Homebuyer Complaints</a> appeared first on <a href="https://squarefeatindia.com">Square Feat India</a>.</p>
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