Browsing Tag

RERA refund

7 posts
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!
The Bihar RERA has fined a developer ₹1 lakh for displaying "Coming Soon" posters and online ads for an unregistered project, holding that even minimal promotions violate Section 3 of the RERA Act and defeat buyer protection goals.

MahaRERA Orders Refunds & Interest for Homebuyers, Possession with Delay Penalty in “Town Centre” Project

In a major order, MahaRERA has directed refunds with interest for some buyers and possession with delay penalty for another in the stalled “Town Centre” project by Fannan Builders. The ruling highlights how RERA empowers homebuyers while penalising defaulting builders.