Browsing Tag
real estate judgment
6 posts
Homebuyers Can Claim Interest for Delayed Possession Even If They Stay in the Project
In a strong pro-homebuyer ruling, the Bombay High Court has held that allottees who continue with a delayed project do not lose their statutory right to claim interest under Section 18 of RERA. The Court dismissed the promoter’s appeal and upheld interest from the original due date of possession.
Homebuyers Win ₹2.25 Crore Refund Case in MahaRERA Tribunal After Losing at Authority Level | Allotment Letter Held as Valid Contract
In a major relief to homebuyers, the Maharashtra Real Estate Appellate Tribunal has directed Parorch Developers to refund over ₹2.25 crore with interest, holding that an allotment letter is a valid enforceable contract under RERA even in the absence of a registered Agreement for Sale. The Tribunal overturned MahaRERA’s dismissal order in the Trinity Towers, Powai case.
Society Redevelopment Gone Wrong: Why RERA Refused to Help Flat Buyers
Mumbai Tribunal rules that once a developer exits a redevelopment project by terminating the agreement, RERA loses jurisdiction. Flat buyers who paid ₹50 lakh each were told to approach Civil Court instead. A must-read warning for all homebuyers in society redevelopment projects.
Developers Cannot Cancel Sale Agreements Just for Payment Delays — Key Win for Homebuyers
In a landmark decision, the Maharashtra Real Estate Appellate Tribunal ruled that developers cannot cancel registered sale agreements merely because of delayed payments — a major win for Indian homebuyers and a strong reinforcement of legal protections under RERA and property law.