Real Estate Weekly Round Up: [23rd December – 28th December 2024]

Karnataka Real Estate Regulatory Authority Karnataka RERA Dismisses Real Estate Agent's Complaint Against Godrej Properties, Citing Vindictive Motive Case – Vivek Arjuna Versus Godrej Properties Citation – Complaint No: 00058 /2024 Karnataka Real Estate Regulatory Authority (Authority) bench comprising of Rakesh Singh (Chairperson), Neelmani N Raju (Member) and GR Reddy (Member) dismissed the complaint filed by a real estate agent seeking the revocation of Godrej Properties (Builder) project registration for advertising the project before registering it with the Authority. The Authority finds that the agent filed the complaint with a vindictive motive after being excluded from negotiations with the property owners by the builder. Haryana Real Estate Regulatory Authority 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). National Consumer Disputes Redressal Commission Failing To Deliver Possession Within Stipulated Period: NCDRC Holds TDI Infrastructure Liable For Deficiency In Service Case Title: M/S. TDI Infrastructure Pvt. Ltd. Vs. Anita Case Number: F.A. No. 890/2021 The National Consumer Disputes Redressal Commission, presided by Mr. Subhash Chandra and Dr. Sadhna Shanker held TDI Infrastructure liable for deficiency in service over delay in handing over possession of the property as per the builder-buyer agreement. Delhi State Commission Failure To Hand Over Commercial Space To Purchasers Is 'Deficiency In Service': Delhi State Commission Case name: Jai Narayan vs Parsvnath developers pvt. Ltd Case number: Complaint Case No. 984/2019 The Delhi State Commission has held that default in delivering the commercial space by Parsvnath developers booked by the complainants is 'deficiency in service'. The bench presided by Member Bimla Kumari observed that purchasers cannot be made to wait for an indefinite period of time and thus granted adequate compensation. Failure To Deliver Documents And Cancellation Of Allotment: Delhi State Commission Holds Essel Housing Liable For Deficiency In Service Case Title: Mr. Rakesh Prasad Singh & Anr. Vs. M/S Essel Projects Pvt. Ltd. Case Number: F.A. No. 992/2014 The Delhi State Commission, presided by Justice Sangita Dhingra Sehgal and Ms. Pinki held that builders have a duty to assist buyers and failure to deliver requisite documents amounts to deficiency in service.

Real Estate Weekly Round Up: [23rd December – 28th December 2024]

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