MahaRERA Appellate Tribunal Orders Developer to Refund Buyers, Rejects Cancellation Fee

The MahaRERA Appellate Tribunal has directed a developer to refund the outstanding payment with interest, rejecting cancellation charges. This verdict highlights the commitment to safeguarding homebuyers’ rights under the RERA Act.

MahaRERA Orders Refund with Interest in Serenity Project Case, Dismisses Premature Complaints

In a crucial ruling, MahaRERA has directed JVPD Properties Private Limited to refund homebuyers of the delayed Serenity – BLDG 1 project with interest as per Maharashtra RERA Rules. While two complaints were upheld, four were dismissed as premature, including an attempt to hold Xander Finance Pvt. Ltd. responsible for project completion. MahaRERA has given the developer 60 days to comply with the refund order, reinforcing its stance on protecting homebuyers from undue delays.