Browsing Tag
Section 18 RERA
27 posts
MahaRERA Allowed Builder’s “Sell First, Refund Later” Condition; Appellate Tribunal Overrules
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.
Builder Sells Flat 701, Renumbers it 702, RERA Orders Buyer to Take 702 + Delay Interest
In a peculiar case, a Nagpur promoter renumbered the buyer’s Flat 701 to 702 without consent and sold the original flat to another person. MahaRERA has now directed the promoter to correct the documents and hand over Flat 702 along with substantial delay interest.