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Viva Homes Pvt Ltd

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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 Rejects Builder’s Plea to Sell Flat Before Refunding Buyer

MahaRERA has ruled that builders cannot make refunds conditional upon resale of flats. In the Viva Vishnupuram case, the Authority ordered a full refund with interest after finding a decade-long delay in handing over possession, reinforcing the unconditional rights of homebuyers under Section 18 of RERA.