Real Estate Monthly Digest : December 2024

Haryana Real Estate Regulatory Authority Haryana RERA Directs Anant Raj Builders To Pay Interest, Execute Conveyance Deed In Favor Of Homebuyer Case – Mohit Bansal Versus M/s. Anant Raj Ltd Citation – Complaint No: 6493 Of 2022 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. Delay Of More Than 2.7 Years In Completing Construction Of Project, Haryana RERA Orders Raheja Developers To Refund Rs. 27.98 Lakhs To Homebuyer Case – Arun Shrivastava Versus M/S Raheja Developers Limited Citation – Complaint no 4974 of 2023 Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed M/S Raheja Developers Limited to refund ₹27.98 Lakhs with interest to homebuyer who purchased a flat in their Raheja Maheshwara Project. Inordinate Delay Of More Than 10 Years, Haryana RERA Directs Ansal Builders To Refund 1.07 Crores To Homebuyer Case – Sheela Srivastava & others Versus M/s Ansal Housing & Construction Ltd. Citation – Complaint no: 805 of 2023 Haryana Real Estate Regulatory Authority (Authority) bench comprising Ashok Sangwan (Member) has directed M/s Ansal Housing and Constructions Limited to refund Rs. 1.07 crores with 11.10% interest to the homebuyer after facing an inordinate delay of more than 10 years in receiving possession of the flat. Initially, the homebuyer was allotted a flat in 2013. Due to delays the homebuyer's booking was transferred to another project twice, making it a total of three times. According to the final Floor Buyer's Agreement the builder was supposed to hand over possession of the flat by 21st July 2022. Haryana RERA - No Additional Compensation To Homebuyer When Interest For Delayed Possession Already Granted Case – Mr. Raghav Manocha & Abhinav Manocha Versus M/s. Emaar MGF Land Limited Citation – Complaint No: 13 of 2024 Haryana Real Estate Regulatory Authority (Authority) Bench comprising Rajender Kumar (Adjudicating Officer) dismissed the homebuyer's complaint against M/s. Emaar MGF Land Limited seeking additional compensation. Authority held that no additional compensation can be granted to the homebuyer when delay possession compensation has already been granted along with interest under Section 18(1) of the RERA, 2016. Haryana RERA Orders Vatika Builders To Refund Rs. 84.34 Lakhs To Homebuyer For Delayed Possession Case – Avinash Lal & another Versus M/s Vatika Sovereign Park Private Limited Citation – Complaint No: 744 of 2023 Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed M/s Vatika Sovereign Park Private Limited to refund ₹84.34 Lakhs with interest to homebuyer. The homebuyer, who booked the flat in 2016, was expecting possession by November 2020. Haryana RERA Directs Signature Global To Pay Interest To Homebuyer Of Affordable Group Housing Project Case – Vashisht Arora Versus Signature Global (India) Private Ltd Citation – Complaint no: 5131 of 2023 Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed M/s Signature Global India Private Limited to pay interest to homebuyer from its Affordable Group Housing Project for delayed possession. Affordable housing projects in Haryana provide housing unit at set prices and size for people with below-average household incomes. Haryana RERA Holds Emaar India Right In Charging Rs. 34.75 Lakh For External And Infrastructure Development Charges Case – Mrs. Milli Jain & Anr Versus M/s Emaar India Limited. Citation – Complainant no 1656 of 2022 Haryana Real Estate Regulatory Authority (Authority) bench comprising Arun Kumar (Chairman), Vijay Kumar Goyal (Member) and Ashok Sangwan (Member) held that Emaar India was right in charging Rs. 34.75 lakhs from the complainant as External Development Charges (EDC) and Infrastructure Development Charges (IDC). Himachal Real Estate Regulatory Authority Himachal RERA Rejects Homebuyer's Structural Defect Complaint Filed More Than 10 Years After Taking Possession Case – Abeer Sharma Versus Sushma Citation – Complaint No. HPRERA2024007/C Himachal Real Estate Regulatory Authority (Authority) bench comprising Justice Srikant Baldi (Chairperson) rejected homebuyer's structural defect complaint, holding it to be time-barred as it was filed more than 10 years after taking possession. However, the Authority found that the project in which the homebuyer purchased a flat was eligible to be registered under Section 3 of RERA, 2016. Therefore, the Authority directed the builder to register the project with RERA within one month. Karnataka Real Estate Regulatory Authority Karnataka RERA Directs Ozone Urbana Infra Developers To...

Real Estate Monthly Digest : December 2024

Aryan Raj

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