Browsing Tag

RERA refund order

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MahaRERA holds excess amount paid over agreement consideration not refundable under Section 18. Buyer gets only ₹25.60 lakh plus interest.

Paid Extra to Builder Beyond Agreement? MahaRERA Says No Refund for Excess Amount

MahaRERA holds excess amount paid over agreement consideration not refundable under Section 18. Buyer gets only ₹25.60 lakh plus interest.
“Getting approvals, sanctions, environmental clearance, etc., is the builder’s responsibility. Buyers cannot be made to suffer for these delays,” ruled MahaRERA while directing full refund with interest to homebuyers in the Vardhaman Park project.

Approvals & Clearances Builder’s Duty, Home Buyers Can’t Suffer Delays

“Getting approvals, sanctions, environmental clearance, etc., is the builder’s responsibility. Buyers cannot be made to suffer for these delays,” ruled MahaRERA while directing full refund with interest to homebuyers in the Vardhaman Park project.
In a 21-year-long battle, the Maharashtra Co-operative Appellate Court has ordered full vacant possession of Flat No. 702 in Suyog Darshan Society, Versova to Mohan Kubal, directing auction of remaining articles and appointing a new Court Receiver.

Bombay HC Dismisses Marvel Landmarks Petition; Upholds 2019 RERA Refund Order to Homebuyer

In a buyer-friendly ruling, the Bombay HC today refused to quash a 2019 MahaRERA order directing Marvel Landmarks to refund over ₹1.35 crore plus interest to a flat purchaser.
India’s housing market is shifting toward bigger homes, with average apartment sizes rising 17% in two years as luxury demand surges and buyers prioritize space, lifestyle, and premium living.

Even Without Agreement for Sale, MahaRERA Can Order Refund to Prevent Injustice

MahaRERA held that even without an Agreement for Sale, it can order refund with interest, as seen in the Ajmeri Heights Andheri case involving Ajmeri Realty.
MahaRERA orders new developer to hand over flat and pay interest despite claiming it never received payment, holding both builders jointly liable in Mumbai Evergreen Woods case.

Double Booking Costs Builder Dear: MahaRERA Orders Refund to Homebuyer in Sunteck Project

MahaRERA has ordered a builder to refund a homebuyer’s money after ruling that the flat was double-booked and no valid allotment or agreement existed.