Man paid Rs 39.15L but got no flat; RERA rejects builder's excuse, orders interest

The Real Estate Regulatory Authority (RERA) has ruled in favor of a homebuyer who paid Rs 39.15 lakh toward a total flat price of Rs 41.85 lakh but failed to receive the property on time. RERA rejected the builder's defense, which attempted to justify the delay by citing a jurisdiction dispute between the PMRDA and the PMC.

According to the homebuyer's allegations, the builder raised the PMRDA-PMC jurisdiction dispute only after the project delivery deadline had already been missed. In response to the default, RERA ordered the builder to pay interest to the buyer for the delayed handover.