Browsing Tag

NRI Homebuyer

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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.

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.
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.

MahaRERA Dismisses NRI Homebuyer’s Plea, Says It Cannot Enforce Consumer Court Orders

MahaRERA has dismissed an NRI homebuyer’s complaint seeking interest on refund from the DSK Anandghan project, ruling that it cannot enforce consumer court orders. The order brings clarity on RERA’s jurisdiction and guides buyers to approach the correct forum for execution.