RERA Monthly Round Up: August 2024

Haryana Real Estate Regulatory Authority Haryana RERA Directs Ocean Seven Buildtech To Pay Interest To 15 Homebuyers Of Expressway Towers For Delayed Possession Case – Rameshwar Singh Versus Ocean Seven Buildtech Pvt. Ltd. A/w 14 others Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed Ocean Seven Buildtech Pvt. Ltd., the builder, to pay interest to the 15 homebuyers of the Expressway Towers project located at Sector 109, Gurugram, for the delay in handing over possession. The project was an affordable housing project, and possession was expected to be handed over by the builder within 4 years from the date of building plan approval or environmental clearance, whichever is later. Haryana RERA Orders Czar Buildwell To Refund Amount Paid By Homebuyer Of Mahira Homes-104 Case – Sanjay Versus M/s Czar Buildwell Pvt. Ltd Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), directed M/s Czar Buildwell Pvt. Ltd., the builder, to refund the amount paid by the homebuyer along with interest. Although the due date for possession was set for 2026, the Authority revoked the project's registration on March 11, 2024, due to numerous violations of the Real Estate (Regulation and Development) Act, 2016. Since it was clear that the builder could not complete the project, the Authority granted a refund to a homebuyer of the Mahira Homes 104 Project. Delay Of 8 Years In Handing Over Possession Of Plot, Haryana RERA Orders Vatika Ltd To Refund Case - Dr. Dolly Chopra Versus M/S Vatika Limited Haryana Real Estate Regulatory Authority (Authority) bench, comprising Sanjeev Kumar Arora (Member), has directed M/S Vatika Limited, the builder, to refund the amount paid by the Complainant to purchase a plot after failing to hand over possession even after an eight-year delay. Haryana RERA Orders Emaar To Refund Amount Paid By Homebuyer Case – Sh. Muthunayagom Gaudama Vasan Versus M/s Emaar Mgf Land Ltd. Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed M/s Emaar Mgf Land Ltd., the builder to refund ₹1.30 crores with interest to homebuyer who purchased a villa in their Marbella Project. Haryana RERA Orders Imperia Structures To Pay Interest To Homebuyer For Delayed Possession Case – Navdeep Punia Versus M/s Imperia Structures Limited Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed M/s Imperia Structures Limited, the builder, to pay interest to the homebuyer of The Esfera project located at Sector 37C, Gurugram, for the delay in handing over possession. According to the apartment buyer agreement, the builder was supposed to hand over possession of the flat by June 2016. Failure To Obtain Environmental Clearance, Haryana RERA Orders Ocean Seven Buildtech To Provide Refund To Homebuyers Case – Kamla Chauhan V/s Ocean Seven Buildtech Pvt. Ltd. A/W 1 other Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed M/S Ocean Seven Buildtech Private Limited, the builder, to refund the amount paid by two homebuyers of the affordable housing project named The Venetian after the builder failed to obtain the necessary environmental clearance for the project. Haryana RERA Directs Tashee Land Developers To Pay Interest To Homebuyer, Also Held Possession Clause Biased Case – Amit Tiwari & anr Versus M/s Tashee Land Developers Private Limited & anr Haryana Real Estate Regulatory Authority (Authority) bench, comprising Ashok Sangwan (Member), has directed M/s Tashee Land Developers Pvt. Ltd., the builder, to pay interest to the homebuyer for the delay in providing possession of the flat. Additionally, the Authority also held that the Possession terms of the agreement are biased in favor of the builder. Maharashtra Real Estate Appellate Tribunal MahaREAT Directs Adani Estates To Pay Interest To Homebuyers For Delayed Possession Case – Mr. Atul G Sharma & others Versus Adani Estates Pvt. Ltd. Maharashtra Real Estate Appellate Tribunal (Tribunal) bench, comprising Shriram R. Jagtap (Judicial Member) and Shrikant M. Deshpande (Technical Member), has directed Adani Estates Pvt. Ltd., the builder, to pay interest to the homebuyer for the delay in handing over possession. Earlier, the Maharashtra Real Estate Regulatory Authority (Authority) had dismissed the homebuyer's complaint seeking interest for the delay from the builder. Can Homebuyers File Concurrent Complaints Before RERA and Consumer Court Seeking Similar Reliefs? MahaREAT Answers Case – Ajay Versus M/s. Lucina Land Development Limited A/w another Maharashtra Real Estate Appellate Tribunal (Tribunal) bench, comprising Shriram R. Jagtap (Judicial Member) and Dr. K. Shivaji...

RERA Monthly Round Up: August 2024

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RERA Monthly Round Up: August 2024

Aryan Raj

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