Search Results for: favour of homebuyers

RERA Imposes Rs 2.5 Crs penalty on developers for failure to comply the RERA orders

UPRERA Authority has imposed penalty of Rs 2.5 crore against 11 developers for failing to comply with the authority’s order, which were in favor of homebuyers.

Villagers take over Today Homes Canary Greens project in Gurugram

A group of villagers, from whom Today Homes got land, took physical possession of the project and put up a notice at the gate of the nearly fully booked but incomplete housing society.

Punjab & Haryana HC Finally settles the Dispute of Power between RERA Authority and Adjudicating Officer

The High Court of Punjab and Haryana finally settles the dispute of granting refund under RERA. The High Court in a detailed judgment has finally decided the matter in favour of RERA Authority and has ruled that RERA Authority will have power to grant refund and possession and Adjudicating officer will only have limited power with respect to granting Compensation.

Supreme Court takes matter into its own hands in Jaypee Infratech Case

The SC has already issued notice and sought a reply from Jaiprakash Associates for the same, due to be heard on 17th October, 2020. The apex court took matters into its own hands and ordered for transfer of cases.

RERA ordered refund even if there is a dispute between builder and land owner

The RERA ordered the builder to refund the entire principal amount along with interest of 15% per annum to be compounded quarterly from the dates of deposit to the date of refund should be refunded in three instalments by the company

RERA: Registration of agreement under MOFA is no more a ground to dismiss the case

A complaint was filed by Umesh Vyas against the developer Prima Terra Buildetch Private Limited and Satsasang Bharti CHS Ltd. The complainant approached MahaRERA seeking the interest on delayed possession.

Unhappy of Haryana RERA, Gurgaon buyers move High Court

The buyers in Gurugram are not happy with the Haryana RERA Authority as the result might not be in their favour. Buyers have filed a Writ Petition in Punjab & Haryana High Court as they want judicial remedies.

Review Maharashtra RERA project completion rules: Bombay High Court

Bombay High Court (File photo)MUMBAI: The Bombay High Court has passed a remark, while dismissing builders’ plea against the constitutional validity of RERA, that Maharashtra’s RERA rules need to be changed after taking “a fresh survey of the rules. The remark was made with reference to Section 6(a) of the Maharashtra Rules 2017 that refers to grant or rejection … Continue reading “Review Maharashtra RERA project completion rules: Bombay High Court”