Browsing Tag
MahaRERA
426 posts
Builder Couldn’t Pay ₹2,000 Cost, MahaRERA Orders ₹25 Lakh+ Refund to Homebuyer
In a telling case, MahaRERA ordered SSK Realtors to refund over ₹25 lakh plus interest after the builder failed to pay even ₹2,000 cost imposed for setting aside an ex-parte order. The homebuyer had booked two flats in the delayed “Tulsi Darshan” project in 2015; the project remains incomplete even in 2026.
MahaRERA Order Overturned: Homebuyers Win Delay Interest from CCI Projects in Rivali Park’s Winter Green Project
In a major win for homebuyers, the Maharashtra Real Estate Appellate Tribunal has directed CCI Projects to pay delay interest at SBI MCLR + 2% to two allottees in the Rivali Park Winter Green project, setting aside the MahaRERA order that had rejected their compensation claim. The Tribunal ruled that unilateral extensions of possession dates by the promoter are invalid and that buyers do not waive their rights by continuing payments.