Delay In Handing Over Possession, Rajasthan RERA Adjudicating Officer Orders Compensation of ₹1 Lakh To Homebuyer For Financial Loss

Rajasthan Real Estate Regulatory Authority (Authority), Adjudicating officer Bench, comprising Justice RS Kulhari (Adjudicating Officer), has directed the builder to compensate the homebuyer with ₹1 lakh for financial losses and ₹50,000 for mental and physical suffering. Background Facts The homebuyer (Complainant) booked a flat in the builder's (Respondent) project named...

Appeal/Revision Against NCDRC Order Lies With Jurisdictional High Court: Delhi High Court Reiterates

The Delhi High Court has observed that the order passed by the National Consumer Disputes Redressal Commission (NCDRC), while considering an appeal or revision against the order of a State Commission other than the State Commission of Delhi, cannot be challenged before it as it lacks jurisdiction over such cases.It observed that the challenge to such an order lies with the 'jurisdictional...

Failure To Make Timely Payments, MahaRERA Directs Homebuyer To Pay Rs. 1.18 Crore with Interest To Transcon Developers

Maharashtra Real Estate Regulatory Authority (Authority) bench, comprising Mahesh Pathak (Member – I), has directed the homebuyer to pay the due amount of Rs. 1.18 crore with interest to Transcon Developers Private Limited, the builder, after the homebuyer failed to make timely payments. Background Facts On October 10, 2020, the homebuyer (Respondent) booked flats in...

CCI Approves Proposed Merger Of Tata Motors Finance Limited With Tata Capital Limited

Competition Commission of India (CCI) has approved the proposed merger of Tata Motors Finance Limited (TMFL) with Tata Capital Limited (TCL). This merger was approved during the meeting held on June 4, 2024, by the Board of Directors of Tata Motors Limited (TML), Tata Capital Limited (TCL), and Tata Motors Finance Limited (TMFL). The proposed merger involves the integration of TMFL...

Failure To Hand Over possession In Time, MahaRERA Directs Solitaire Palms To Refund Amount To Homebuyer

Maharashtra Real Estate Regulatory Authority (Authority) bench, comprising Mahesh Pathak (Member – I), has directed M/s. Solitaire Palms, the builder, to refund the homebuyer's amount with interest after the builder failed to deliver possession of the flat within the promised timeframe. Background Facts The homebuyer (Complainant) purchased a flat in the builder's...

Telangana RERA Orders Refund To Homebuyers Association For Non-completion Of The Project Within Promised Time

Telangana Real Estate Regulatory Authority (Authority) bench, consisting of Justice Dr. N. Satyanarayana (Chairperson), K. Srinivasa Rao (Member), and Laxmi Narayana Jannu (Member), has directed M/s Sahiti Infratec Ventures India Pvt. Ltd., the builder, to provide a refund to the homebuyers after concluding that the project cannot be completed within the promised time stipulated under...

Haryana RERA Directs Pareena Infrastructures To Refund Homebuyer's Money, After Deducting 10% As Earnest Money

Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed M/s Pareena Infrastructures Pvt Ltd, the builder, to refund the amount paid by the homebuyer, after deducting 10% of the total cost of the flat as earnest money. The complaint was filed by the homebuyer after the builder forfeited the paid-up amount due to the cancellation of...

Haryana RERA Directs Ninaniya Estates To Pay Interest And Assured Returns To Complainant

Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed Ninaniya Estates Ltd, the builder, to pay interest and assured returns to the complainant who had booked a retail shop and was expecting possession by 16.11.2021. Earlier in 2012, the complainant had booked a suite in the builder's project named Prism Executive Suites. However,...

Whether Charitable Trust Is Consumer Under Consumer Protection Act? Supreme Court To Examine On September 18

The Supreme Court will hear on September 18 the issue of whether a charitable trust can maintain an action and claim compensation under the Consumer Protection Act, 1986 as a 'consumer'.A bench of Justice Abhay S Oka, Justice Ahsanuddin Amanullah and Justice Augustine George Masih directed the parties to file compilation of decisions they are going to rely upon while addressing the Court on...

7 Year Delay In Project Completion, Tamil Nadu RERA Orders Refund To Homebuyer, Imposes Penalty On Builder For Non-Registration

Tamil Nadu Real Estate Regulatory Authority (Authority) bench, comprising Sunil Kumar (Member), has directed, M/s. Sare Shelters Projects Private Limited, the builder to refund the amount paid by the homebuyer to purchase the flat. Additionally, the Authority imposed a penalty of Rs. 1 Lakhs on the builder for failing to register the project under RERA. Background Facts The...

Complaint Filed After 5 Years From Cause Of Action, Haryana RERA Dismisses Homebuyer's Complaint Against Emaar

While dismissing the homebuyer's complaint filed after a delay of 5 years from the date the cause of action arose, the Haryana Real Estate Regulatory Authority (Authority), bench comprising Ashok Sangwan (Member), held that three years is a reasonable time frame for filing complaint under normal circumstances. Background Facts The homebuyer (Complainant) booked a flat in the...

Himachal RERA Directs Ahlawat Developers To Execute Sale Deed In Favor Of Homebuyer Within 2 Months

Himachal Real Estate Regulatory Authority (Authority), bench comprising Dr. Srikant Baldi (Chairperson), has directed Ahlawat Developers and Promoters to refund the amount paid by the homebuyer with interest if the builder fails to execute the sale deed in favor of the non-Himachali homebuyer within two months. Background Facts The homebuyer (Complainant), who is not a resident...