Times of India·3 min read·medium

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

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Man paid Rs 39.15L but got no flat; RERA rejects builder's excuse, orders interest
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MahaRERA has ruled against a builder who delayed flat possession, rejecting the excuse that administrative jurisdiction changes caused the delay. The authority ordered the builder to pay interest to the homebuyer for the failure to deliver on time.

Why it matters

This ruling reinforces consumer protection laws in the real estate sector, preventing builders from using bureaucratic excuses to avoid contractual obligations.

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When buying your dream home, timely possession is an important point. Yet in some cases builders fail to deliver flats and houses within the stipulated time period.In one such recent case, the Maharashtra Real Estate Regulatory Authority (MahaRERA) has ruled that a builder cannot escape responsibility for delaying possession of flats by blaming administrative changes involving government authorities when the delay stems from its own failure.What the case is aboutA man bought a flat from a builder but did not get possession of it in the promised time period in the sale agreement.The builder, on its part, claimed that the delay was due to changes in government jurisdiction.

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