RERA Cases Quarterly Digest [July - September 2024]

Karnataka Real Estate Regulatory Authority Failure To Provide Possession Within 12 Months, Karnataka RERA Orders Builder To Refund Amount Paid By Homebuyer Case – Dhimosh Mangadan & anr. Versus GVG Infrastructure Pvt Ltd Karnataka Real Estate Regulatory Authority (Authority) bench, comprising GR Reddy (Member), has directed GVG Infrastructure Pvt. Ltd., the builder, to refund the amount paid by the homebuyer to purchase the flat, along with interest, after the builder failed to provide possession on time. As per the agreement of sale signed between the builder and the homebuyer, the builder was supposed to hand over possession within 12 months. 6-Year Delay In Providing Possession, Karnataka RERA Orders Builder To Pay Interest, Hand Over Possession Of Flat To Homebuyer Case – Ivan Dsouza & anr Versus Shashwati Realty Pvt Ltd. Karnataka Real Estate Regulatory Authority (Authority) bench, comprising GR Reddy (Member), has directed Shashwati Realty Pvt Ltd., the builder, to pay interest to the homebuyer for their failure to hand over possession of the flat on time. Additionally, the authority also directed the builder to execute the sale deed and hand over possession to the homebuyer. Delay In Handing Over Possession, Karnataka RERA Directs Ozone Infra Developers To Pay Interest And Hand Over Possession To Homebuyer Case – P Deepak Kumar Mahenderkar Versus Ozone Infra Developers Private Limited Karnataka Real Estate Regulatory Authority (Authority) bench, comprising Neelmani N Raju (Member), has directed Ozone Infra Developers Private Limited, the builder, to pay interest to the homebuyer for their failure to hand over possession of the flat on time and to hand over possession to the homebuyer. Failure To Pay Pre-EMI For 4 Years, Karnataka RERA Orders Builder To Refund Amount Paid By Homebuyer Case – Vijayanand Paulraj Versus Ozone Urbania Infra Developers Karnataka Real Estate Regulatory Authority (Authority) bench, comprising Neelmani N Raju (Member), has directed Ozone Urbania Infra Developers, the builder, to refund the amount paid by the homebuyer with interest after the builder failed to pay Pre-EMI to the bank for 4 years under the subvention scheme. Delay In Handing Over Possession, Karnataka RERA Directs Ozone Urbana Infra Developers To Refund 82 Lakhs To Homebuyer Case – Bharatkumar Ravishankar Sharma & Another Versus Ozone Urbana Infra Developers Karnataka Real Estate Regulatory Authority (Authority) bench, comprising Neelmani N Raju (Member), has directed the builder, Ozone Urbana Infra Developers, to refund Rs. 82 lakhs to the homebuyer after the builder failed to provide possession of the flat on time. According to the agreement, the builder promised to provide possession by June 2023. Eight Years Delay In Completing Project, Karnataka RERA Orders Sashwati Realty To Refund Case – Ms. Aditya Jeurkar Versus M/s Sashwati Realty Pvt. Ltd. Karnataka Real Estate Regulatory Authority (Authority) bench, comprising GR Reddy (Member), has directed M/S Sashwati Realty, the builder, to refund the amount paid by the homebuyer to purchase a flat, after the builder failed to complete the project even after Eight-year delay. Karnataka RERA Orders Ozone Elegant Developers To Pay Interest, Hand Over Possession Of Flat To Homebuyer Case – Vijayanand Paulraj & Anr Versus Ozone Elegant Developers LLP Karnataka Real Estate Regulatory Authority (Authority) bench, comprising Neelmani N Raju (Member), has directed Ozone Elegant Developers LLP, the builder, to pay interest to the homebuyer for their failure to hand over possession of the flat on time. Additionally, the authority also directed the builder to hand over possession of the flat after completing the construction. Delay In Handing Over Possession, Karnataka RERA Directs Ozone Urbana Infra Developers To Refund Case – Shankar Ganiger Versus Ozone Urbana Infra Developers Karnataka Real Estate Regulatory Authority (Authority) bench, comprising Neelmani N Raju (Member), has directed Ozone Urbana Infra Developers, the builder, to refund Rs. 49.5 lakhs to the homebuyer after the builder failed to provide possession of the flat on time. According to the Sale agreement, the builder was supposed to provide possession by June 2023. Karnataka RERA Orders Shrivision Towers To Pay Interest To Homebuyer For Delayed Possession Case – Madhuparni Roy Versus Shrivision Towers Private Ltd. Karnataka Real Estate Regulatory Authority (Authority) bench, comprising Neelmani N. Raju (Member), has directed Shrivision Towers Private Ltd., the builder, to pay interest to the homebuyer for failing to hand over possession of the flat on time. According to the agreement, the builder was supposed to hand over possession by September 2021. Four-Year Delay In Completing Project, Karnataka RERA Orders Mantri Technology Constellations...

RERA Cases Quarterly Digest [July - September 2024]

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