Haryana RERA Issues Arrest Warrants Against Directors Of Parsvnath Developers

Haryana RERA, Panchkula Bench consisting of Adjudicating Officer Major Phalit Sharma (ADSJ Retd.) has issued arrest warrants against the directors of Parsvnath Developers for failing to comply with the Authority's order to pay Rs.8.6 lakh in compensation to a homebuyer and for evading service of the Authority's notice. Background Facts In 2022, Haryana RERA ordered Parsvnath Developers Ltd. (Judgement debtor) to pay Rs.8,63,914 to the homebuyer (Decree Holder) as compensation....

Haryana RERA Clarifies Homebuyers Opting To Stay In Project Cannot Seek Compensation, Dismisses Claim Against BPTP

Adjudicating Officer (AO) Bench of the Haryana Real Estate Regulatory Authority headed by Rajender Kumar clarified that homebuyers who choose to stay in the project after a delay and have accepted monthly interest for the delay are not entitled to claim any further compensation before the Adjudicating Officer. Under the RERA, 2016 framework, the AO is appointed under Section 71 by the Authority in consultation with the State Government. The AO must be a person who is or has been a...

Haryana RERA Holds 3 Years To Be Reasonable Time For Filing Complaints, Dismisses Homebuyer's Complaint Against Emaar

Haryana Real Estate Regulatory Authority (Authority) bench comprising of Ashok Sangwan (Member), held that while the RERA Act, 2016 does not contain any specific provision imposing a limitation period, a delay of more than three years in approaching the Authority is unreasonable. In doing so, the Authority departed from its earlier stance where it had allowed a homebuyer's complaint even though it was filed more than six years after the offer of possession. Previously, several RERA...

Haryana RERA Provides Refund To Homebuyer Who Purchased Flat Under Impression Of Being Developed And Marketed By Godrej Properties

Haryana Real Estate Regulatory Authority Bench, comprising Ashok Sangwan (Member), directed a refund to the homebuyer along with interest for a flat booked in the Godrej Icon project at Sector 88A and 89A, Gurugram. The homebuyer had made the payment under the impression that the project was being developed by Godrej Properties (Respondent No. 2), whereas it was actually being developed by Oasis Landmarks LLP, a joint venture partner of Godrej Properties. Section 12 of the RERA Act,...

Karnataka RERA Directs Ozone Infra Developers To Refund Rs. 70.33 Lakh To Homebuyer For Delayed Possession

Karnataka Real Estate Regulatory Authority (Authority) bench, comprising GR Reddy (Member) has directed Ozone Infra Developers to refund Rs. 70.33 Lakhs to the homebuyer for the delayed possession. Background Fact Homebuyers (Complainants) entered into a sale agreement with the builder on 5 September 2018 to purchase an apartment in the builder's (Respondent) project named “Ozone Urbana Prime”. As per the agreement and the memo of calculation, the expected date of completion of the ...

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Acting As Real Estate Agent Without Registration, Telangana RERA Imposes Rs. 3.69 Lakh Penalty

Telangana Real Estate Regulatory Authority (Authority) bench, comprising Justice Dr. N. Satyanarayana (Chairperson), K. Srinivasa Rao (Member), and Laxmi Narayana Jannu (Member) imposed a penalty of Rs. 3.69 Lakhs on Mr. Sikha Balaraju and his two companies for acting as real estate agents without registration, which is a statutory requirement under Section 9 of the RERA Act, 2016. As per Section 9(1) of the RERA Act, no real estate agent is allowed to facilitate the sale or purchase...

Tamil Nadu RERA Directs Tamil Nadu Housing Board To Execute Sale Deed And Handover Possession To Homebuyer

Tamil Nadu Real Estate Regulatory Authority (Authority) bench, comprising Thiru L.Subramanian (Member) directed Tamil Nadu Housing Board to execute the sale deed and officially hand over possession of the flat to the homebuyer. The case involved a homebuyer who had made full payments for a flat but faced delays and unresolved issues regarding the handover of the property. Background Facts Homebuyer (Complainant) was allotted Flat in the SAF Games Village Scheme, Koyambedu,...

MahaREAT – Project Without Completion Certificate Treated As Ongoing, Requires RERA Registration

Maharashtra Real Estate Appellate Tribunal (Tribunal), comprising Justice Shriram R. Jagtap (Judicial Member) and Dr. K. Shivaji (Member), held that any building which has not received a completion certificate from the competent authority as on the date of commencement of the Real Estate (Regulation and Development) Act, 2016 (“Act”), will be treated as an ongoing project and requires registration. Accordingly, the Tribunal directed Wadhwa Constructions to register Building No. 18 of...

Delay Of More Than Nine Years, Haryana RERA Directs Builders Of Capital Gateway Project To Pay Interest & Handover Possession To Homebuyer

Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member) has directed builders of Capital Gateway Project to pay interest and handover the possession of the flat to Homebuyer. Homebuyer approached the authority after builders failed to provide the possession even after the delay of more than 9 Years. The promoters of project are KNS Infracon and Tashee Land Developers. Background Facts Homebuyer (Complainant) purchased a flat in the builders'...

Haryana RERA Directs Savyasachi Infrastructure To Refund Amount With Interest To Complainant Who Booked Commercial Unit

Haryana Real Estate Regulatory Authority (Authority) comprising Justice Ashok Sangwan (Member), has directed the Savyasachi Infrastructure to refund the entire amount paid by the Complainant with interest who had booked commercial unit in their project. Background Facts In 2017, the builder (Respondent) launched a project named Amaya Greens under the Deen Dayal Jan Awas Yojna at Sector-3, Gurugram and invited applications from buyers. The builder assured that the necessary building...

Karnataka RERA Holds Mantri Developers Liable For Delay, Orders 2.56 Crores Refund To Homebuyer

Karnataka Real Estate Regulatory Authority (Authority) bench, comprising GR Reddy (Member), held Mantri Developers liable for delay in handing over possession to the homebuyer and ordered Rs. 2.56 crore refund. Additionally, it directed the builder to foreclose the bank loan taken by the homebuyer in his name to fund the purchase from PNB Housing Finance Limited (PNBHFL). Background Facts Homebuyer purchased a flat in the builder's project named Mantri Webcity 2A, located in...