REAL ESTATE MONTHLY DIGEST: NOVEMBER 2024

HARYANA REAL ESTATE REGULATORY AUTHORITY Haryana RERA Orders Raheja Developers To Pay Interest To Homebuyer For Delayed Possession Case – Dharampal Singh & anr Versus M/s Raheja Developers Limited Citation – Complaint No : 2385 of 2023 Haryana Real Estate Regulatory Authority (Authority) bench, comprising Vijay Kumar Goyal (Member), has directed M/s Raheja Developers Limited, to pay interest to the homebuyer for the delay in handing over possession. Additionally, the ...

Haryana RERA Directs Anant Raj Builders To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer

Haryana Real Estate Regulatory Authority (Authority) bench comprising of Ashok Sangwan (Member) has directed M/s. Anant Raj Ltd to pay interest for delay and execute conveyance deed in the favour of Homebuyer. Background Fact The homebuyer (Complainant) booked a flat in the builder's (Respondent) project named Maceo located at Sector 91, Manesar, Gurugram by paying Rs. 14,00,000/- on February 27, 2014. The total sale consideration for the flat was Rs. 1,40,80,425/-. Later, on ...

REAL ESTATE WEEKLY ROUND UP: NOVEMBER 25 – DECEMBER 1

MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY Maharashtra RERA Holds Spenta Enclave Liable For Delay, Orders Interest To Homebuyers Case – Anil Kishinchand Rajani & Anr Versus Spenta Enclave Pvt. Ltd A/W 1 other Citation – Complaint No. CC006000000193129 A/W 1 other While allowing the complaints of Two homebuyers, Maharashtra Real Estate Regulatory Authority (Authority) bench comprising of Manoj Saunik (Chairperson) directed Spenta Enclave to pay interest to the homebuyers...

Maharashtra RERA Holds Spenta Enclave Liable For Delay, Orders Interest To Homebuyers

While allowing the complaints of Two homebuyers, Maharashtra Real Estate Regulatory Authority (Authority) bench comprising of Manoj Saunik (Chairperson) directed Spenta Enclave to pay interest to the homebuyers for the delay in handing over possession of the flat. Background Facts Homebuyers (Complainants) purchased their respective flats in the builder's (Respondent) project named Altavista - Phase 1, located at Kurla, Mumbai Sub Urban. The total sale consideration for the flats...

Haryana RERA Holds AKME Projects Liable For Over 10 Years Of Delay In Manesar Project, Orders Refund To Homebuyer

Haryana Real Estate Regulatory Authority (Authority) bench comprising Ashok Sangwan (Member) has directed M/s AKME Projects Ltd to refund the homebuyer due to a delay of over 10 years in handing over possession. The homebuyer was expected to receive possession of the flat by 18 May 2014. However, authority found that as of 2024 the builder has still not obtained the occupation certificate from the relevant authority. Background facts Homebuyer (Complainant) purchased a flat in the...

Haryana RERA Directs Ramprastha Promoters To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer

Haryana Real Estate Regulatory Authority (Authority) bench comprising of Ashok Sangwan (Member) has directed M/s Ramprastha promoters & Developers Pvt. Ltd to pay interest to the homebuyer for the delay in handing over possession. Additionally, Authority directed builder to handover the possession and execute the conveyance deed in the favor of homebuyer. After facing an inordinate delay in receiving possession of the flat which was due on December 31, 2014, the two homebuyers...

RERA WEEKLY ROUND UP: NOVEMBER 18 – NOVEMBER 24, 2024

HARYANA REAL ESTATE REGULATORY AUTHORITY Haryana RERA Orders Raheja Developers To Refund Three Homebuyers Of Raheja Revanta Project Case – Arvinder Singh Aneia and Preeti Aneja Versus Raheja Developers Limited Along with 2 others Citation – Complaint No. 2205/2023 and 2 others Haryana Real Estate Regulatory Authority (Authority) bench comprising Ashok Sangwan (Member) has directed Raheja Developers to refund three homebuyers who purchased their flats in the Raheja Revanta...

Haryana RERA Orders Ansal Housing To Pay Interest For Delay And Provide Possession Offer To Homebuyer Within Two Months

Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member) has directed M/s Ansal Housing and Constructions Limited to pay interest and provide offer of possession to homebuyer within 2 months. The homebuyer who booked a flat in 2011 expected possession by November 2015. However, due to the builder's failure to deliver the flat on time, the homebuyer approached the authority. Background Facts In 2011, the homebuyer (Complainant) booked a 3 BHK...

Maharashtra RERA Directs Godrej Properties To Refund Booking Amount Paid By Homebuyer

Maharashtra Real Estate Regulatory Authority (Authority) bench comprising Mahesh Pathak (Member – I) has directed Godrej Properties Limited.to refund the amount paid by the homebuyer after deducting 2% of the total consideration. Due to personal reasons the homebuyer failed to pay the consideration for the flat she purchased. Consequently, the builder forfeited the amount prompting the homebuyer to approach the authority. Background Facts Homebuyer (Complainant) purchased a flat...

RERA WEEKLY ROUND UP NOVEMBER 11 – NOVEMBER 17

MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY Failure To Provide Possession Of Two Showrooms On Time, MahaRERA Directs Pune Builder To Pay Interest To The Complainant Case – Kohinoor Televideo Pvt Ltd Versus Deron Properties Pvt Ltd A/W 1 other Citation - Complaint No. CC005000000096064 & 1 other Maharashtra Real Estate Regulatory Authority (Authority) bench, comprising Mahesh Pathak (Member – I) directed the Pune-based builder Deron Properties Pvt Ltd to pay interest to...

Haryana RERA Orders Raheja Developers To Refund Three Homebuyers Of Raheja Revanta Project

Haryana Real Estate Regulatory Authority (Authority) bench comprising Ashok Sangwan (Member) has directed Raheja Developers to refund three homebuyers who purchased their flats in the Raheja Revanta Project in 2012 with interest. The homebuyers decided to withdraw from the project after the builder failed to hand over possession even after a delay of 7 years. Background Facts Homebuyers (Complainants) purchased their respective flats in the builder's (Respondent) project named...

Delay Of 3.5 Years In Delivering Possession Of Plot, Himachal RERA Directs Builder To Pay Rs. 2.92 Crore As Interest To Complainant

Himachal Real Estate Regulatory Authority (Authority) bench comprising Justice Srikant Baldi (Chairperson) directed the builder to pay Rs. 2.92 crore to the complainant who received the offer of possession of plot after a delay of 3.5 years. Background Facts The complainants booked a plot in Solan, Himachal Pradesh measuring 1094.70 square meters and paid Rs. 20,00,000/- to the builder (Respondent) as the booking amount. The total consideration for the plot was Rs. 2,74,61,753/- out...