Karnataka RERA Orders Mantri Developers To Pay 48 Lakh Rupees To Homebuyer As Interest For Delay In Handing Over Possession

Karnataka Real Estate Regulatory Authority (Authority) bench, comprising GR Reddy (Member), has directed Mantri Developers, the builder, to pay forty-eight lakh rupees to the homebuyer as interest for the delay in handing over possession of the flat. According to the agreement, the builder was supposed to hand over possession by July 2016. Background Fact The homebuyer...

Hisar District Commission Holds Bajaj Allianz General Insurance Co. Liable For Wrongful Repudiation Of Claim

The District Consumer Disputes Redressal Commission, Hisar (Haryana) bench of Jagdeep Singh (President), Rajni Goyat (Member) and Amita Agarwal (Member) held Bajaj Allianz General Insurance Company Limited and its agent liable for deficiency in services for repudiating a genuine claim on technical grounds without valid reasons. Brief Facts: The Complainant was the registered owner...

Karnataka RERA Orders Refund To Homebuyer After Builder Refuses To Register Sale Agreement Despite Receiving Over 10% Of Flat's Cost

Karnataka Real Estate Regulatory Authority (Authority) bench, comprising Neelmani N Raju (Member), has directed the builder, Suvilas Realities, to refund the amount paid by the homebuyer to purchase a flat in their project after the builder refused to register the agreement for sale despite receiving more than 10% of the total cost of the flat. Background Facts The...

RERA Cases Monthly Digest: June 2024

Karnataka Real Estate Regulatory Authority Despite Offering Alternate Flat To Homebuyer, Builder Failed To Hand Over Possession On Time, Karnataka RERA Orders Refund Case – Devdas Pandurang Shetti & another Versus M/s Mantri Developers Pvt. Ltd. & others Karnataka Real Estate Regulatory Authority (Authority) bench, comprising GR Reddy (Member), has directed the builder...

MahaRERA Mandates Builders To Maintain Three Separate Bank Accounts For Every Project From July 1

Maharashtra Real Estate Regulatory Authority (MahaRERA) has mandated builders/developers to maintain three separate bank accounts for each project: the Collection Account, the Separate Account, and the Transaction Account, starting from July 1. This decision follows the release of a discussion paper on the maintenance and operation of bank accounts for registered projects,...

Mysore District Commission Holds Flipkart Liable For Failure To Honour T&C For Mobile Exchange Offer

The District Consumer Disputes Redressal Commission, Mysore (Karnataka) bench of A.K. Naveen Kumari (President), M.K. Lalitha (Member) and Maruthi Vaddar (Member) held Flipkart liable for wrongly deducting Rs. 600/- from the exchange value of an old phone, even after an increased exchange value was promised in its advertisement of the mobile exchange offer. Brief Facts: The...

MahaRERA Orders Spenta Builders To Pay Interest To Homebuyer For Delay In Handing Over Possession

Maharashtra Real Estate Regulatory Authority (Authority) bench, comprising Ajoy Mehta (Chairperson), directed Spenta Builders to pay interest to the homebuyer for the delay in handing over possession of the flat. Additionally, the Authority also holds the homebuyer accountable for violating their rights and duties by not paying the instalments on time. Background...

Hyderabad District Commission Holds Indigo Airlines Liable For Delay Delivery Of Baggage, Failure To Provide Real-Time Updates

The District Consumer Disputes Redressal Commission–I, Hyderabad (Telangana) bench of B. Uma Venkata Subba Lakshmi (President), C. Lakshmi Prasanna (Member) and D. Madhavi Latha (Member) held Indigo Airlines liable for deficiency in services for delivering checked-in baggage after 18 days of the flight's landing. It also failed to provide real-time updates to the...

Haryana RERA Directs Ambience Projects To Hand Over Possession To Homebuyers, Pay Interest For Delay

Haryana Real Estate Regulatory Authority (Authority) bench, comprising Sanjeev Kumar Arora (Member), has directed Ambience Projects, the builder, to hand over possession of the flat to the homebuyer and pay interest for the delay in handing over the possession. Background Facts The homebuyer (Complainant) was allotted a flat in the builder's (Respondent) project named The Creacions...

Deduction Of Instalments After Loan Settlement, Shimla District Commission Holds ICICI Bank Liable

The District Consumer Disputes Redressal Commission, Shimla (Himachal Pradesh) bench of Dr Baldev Singh (President) and Ms Janam Devi (Member) held ICICI Bank liable for deficiency in service and unfair trade practice for deduction of loan instalments even after receiving full repayment and failure to issue a 'No Dues Certificate'. Brief Facts: The Complainant availed a personal loan...

MahaRERA Orders Builder To Pay Interest To Homebuyers Of Suburbia Estate For Delayed Possession

Maharashtra Real Estate Regulatory Authority (Authority) bench, comprising Mahesh Pathak (Member – I), has directed the builder to pay interest to the homebuyers for the delay in handing over possession of the flat. The complaint was filed by four homebuyers who booked flats in the builder's project Suburbia Estate Phase I, situated in Pune. Background Facts The...

Bangalore District Commission Holds HDFC Ergo Health Insurance Co Liable For Wrongful Repudiation Of Claim Based On Unsubstantiated Pre-Existing Disease

The Additional District Consumer Disputes Redressal Commission-III, Urban Bangalore bench of Shivarama K ((President) and Rekha Sayannavar (Member) held HDFC Ergo Health Insurance liable for deficiency in services for rejecting a genuine claim based on a pre-existing condition without substantiating it with medical evidence. Brief Facts: The Complainant, a customer of Axis...