Browsing Tag

refund

6 posts
In a key February 2026 decision, MahaREAT ruled that homebuyers withdrawing from delayed projects under RERA are entitled to interest from the promoter's receipt of payments—not from later default dates—overturning a MahaRERA order in the Mullaji vs. Onyx Builders case involving stalled projects in Kurla West, Mumbai.

MahaRERA Rejects Arbitration Clauses in Real Estate Disputes, Upholds Homebuyer Rights

MahaRERA’s November 2025 order, backed by a Bombay High Court ruling, invalidates arbitration clauses in RERA disputes, ensuring homebuyers can directly approach the authority for remedies in cases like the delayed Indiabulls Park 4 project.
In a key ruling, MahaRERA held that even when an Agreement for Sale is silent on the possession date, the builder must hand over the flat within a reasonable period of three years from the agreement date — failing which, interest is payable for the delay period. The order in the Mauli Omkar project case awarded interest from March 2019 to April 2023 to complainant Sabirali Tufhel Shaikh.

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.
RERA

No Refund After Homebuyer Cites Wife’s Job Loss As Reason For Cancelling Booking

A Homebuyer was informed that his claim towards seeking refund cannot be…
MahaRERA

No provision in RERA to forfeit earnest money

There exists no provision in RERA and its rules to forfeit earnest…
MahaRERA seeks report from developers on quality of construction materials

In absence of agreement, during cancellation, builder to refund booking amount

Agreement of sale is important, but in absence of the agreement, the…