Browsing Tag
MahaRERA
448 posts
MahaRERA Allowed Builder’s “Sell First, Refund Later” Condition; Appellate Tribunal Overrules
In a sharp rebuke to one-sided builder clauses, the Appellate Tribunal has ordered Omkar group to refund nearly ₹1.15 crore with interest to an NRI allottee in the Omkar Meridia project, holding that making refund conditional on selling the flat to a new buyer is unconscionable and against RERA.
Builder Sells Flat 701, Renumbers it 702, RERA Orders Buyer to Take 702 + Delay Interest
In a peculiar case, a Nagpur promoter renumbered the buyer’s Flat 701 to 702 without consent and sold the original flat to another person. MahaRERA has now directed the promoter to correct the documents and hand over Flat 702 along with substantial delay interest.
MahaRERA Tribunal Bound to Hear Prayer to Change Developer in Stalled Projects: Bombay HC
Bombay HC allows homebuyers to seek Tribunal-appointed developer for completing Kandivali project at builder’s cost. Tribunal cannot refuse to hear such prayers citing absence of other allottees or Sec 7 RERA route.