Browsing Tag

RERA compensation

2 posts
He Accepted the Flat — Then Claimed 12 Months’ Delay Interest And Won

Took the keys? You can still claim delay interest, MahaRERA tells buyers

MahaRERA: Taking possession does not wipe out a homebuyer’s delay claim A…
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.

Homebuyers Lose Right to Compensation & Rent Refund Once They Accept Delayed Possession

“Once you take possession, you can get interest for the delay — but not compensation for mental harassment or rent paid elsewhere. That’s the clear message from the Maharashtra Real Estate Appellate Tribunal in a landmark Thane homebuyer case.”