Browsing Tag

RERA refund

6 posts
MahaRERA has dismissed a high-value complaint by steel supplier Nikant Steel against Sheth Developers, ruling that the dispute over three flats in the delayed Sheth Blue Ivy project does not qualify as a standard RERA promoter-allottee matter due to documentation discrepancies and its origin in a commercial debt.

MahaRERA Dismisses Steel Supplier’s ₹6 Cr Refund Claim Against Mumbai Project

MahaRERA has dismissed a high-value complaint by steel supplier Nikant Steel against Sheth Developers, ruling that the dispute over three flats in the delayed Sheth Blue Ivy project does not qualify as a standard RERA promoter-allottee matter due to documentation discrepancies and its origin in a commercial debt.
MahaRERA Order

Builder Couldn’t Pay ₹2,000 Cost, MahaRERA Orders ₹25 Lakh+ Refund to Homebuyer

In a telling case, MahaRERA ordered SSK Realtors to refund over ₹25 lakh plus interest after the builder failed to pay even ₹2,000 cost imposed for setting aside an ex-parte order. The homebuyer had booked two flats in the delayed “Tulsi Darshan” project in 2015; the project remains incomplete even in 2026.
In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.

Investor Turned Flat Purchase Qualifies as ‘Allottee’ – Builder Ordered to Refund ₹20 Lakh + Interest

In a ruling that clarifies the scope of RERA protections, MahaRERA has held that an initial investment later converted into a registered flat purchase creates a valid allottee-promoter relationship, entitling the complainant to withdraw from a delayed project and claim full refund with interest, irrespective of COVID-related extensions.
MahaRERA rules builder's one-sided termination — issued 4 years after homebuyers' complaint — cannot cancel statutory delay interest rights under RERA while project incomplete, granting interest from Jan 2022 till possession with OC in Ruparel Skygreens I case.

RERA Can’t Guarantee Delivery: MahaRERA Orders Justice After 5-Year Delay

A MahaRERA order highlights that RERA registration does not ensure timely possession. After a five-year legal fight, a homebuyer secured a refund with interest as the authority found the developer guilty of defaulting even after signing the agreement post-RERA implementation.
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.

MahaRERA Orders Refund for Homebuyer in Godrej Greens Dispute: A Win Against Excessive Forfeiture

MahaRERA has ruled in favor of homebuyer Chetan Kaushal, ordering Dreamworld Landmarks LLP to refund ₹5.42 lakh (minus 2% forfeiture) for his cancelled Godrej Greens flat in Pune. A win for buyer rights in 2025!