MahaRERA Orders Kolte-Patil Developers to Pay Interest for Delayed Possession in Vile Parle Redevelopment Project

MahaRERA has partly allowed a complaint by Manohar Shetty and Lalita M. Shetty against Kolte-Patil Developers, ordering payment of interest at SBI’s highest MCLR + 2% for the delay in handing over possession of a flat in the Jai Vijay redevelopment project from October 2019 to March 2020. The ruling underscores that contractual possession dates bind promoters despite project extensions or external delays.

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.”

Runwal Greens Mulund: Tribunal Orders Runwal To Refund ₹39.8L for Less Carpet Area + Delay Interest

In a significant setback for Runwal Homes, the Maharashtra Real Estate Appellate Tribunal has directed refund of over ₹39 lakh to homebuyers in Runwal Greens, Mulund, after finding the promised 1096 sq. ft. carpet area was actually far less as per approved plans. The Tribunal also awarded interest on the entire delay from 2015 to 2020, overturning MahaRERA’s developer-friendly order.

Date of Possession is Sacrosanct: Tribunal Slams MahaRERA for Illegally Altering Agreed Timeline

In a major victory for homebuyers, MahaREAT has overturned MahaRERA’s order in the Cavansite project case, ruling that the possession date in a registered agreement is sacrosanct and cannot be changed by any authority without mutual consent.

Builder’s Own Letter Exposes Lie: No Possession Given Even After OC – Tribunal Orders Interest For Delay

In a landmark ruling, MahaREAT has ordered a Kalyan builder to pay interest for delayed formal possession in Unique Al Nashra Heights, exposing contradictions where the developer admitted in writing—no possession handed over—even months after obtaining OC. Homebuyers now have stronger grounds to claim compensation if paperwork lags behind keys.