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BUILDER REFUND ORDER
Booked flat for Rs 24 lakh in 2010, paid Rs 40 lakh over time, still no possession in 2026; homebuyers awarded full refund and Rs 2.5 lakh compensation eachThe case dates back to 2010 when the two homebuyers had made bookings for 3BHK flats in a housing society project initially proposed in Noi...- Builder delayed possession and charged Rs 75 lakh extra on the basis of super area instead of carpet area; homebuyers partly win case in Punjab RERA for delayed possessionHomebuyers in Amritsar received partial victory from Punjab RERA regarding delayed possession. The authority ordered the builder to pay int...
- Bombay HC upholds homebuyers' right to withdraw builder's deposit during appeal; How will this speed up refund on delayed projects?In a significant ruling for the real estate sector, the Bombay High Court has affirmed that homebuyers can withdraw amounts deposited by bu...
- Court orders builder to return Rs 3 lakh with 9% interest after buyers cancel flat booking due to delayed constructionA Nagpur consumer court ordered a real estate company to refund ₹3 lakh with 9% interest to a couple who cancelled their flat booking. The ...
- Possession delay: Homebuyer won loan interest refund in consumer court only to be overturned by Supreme Court, here’s whyThe Supreme Court has ruled that builders are not obligated to reimburse homebuyers for interest paid on home loans even if project deliver...
- Delayed construction in non-RERA complaint project: Homebuyers to get refund with 11% interest from builder as per Telangana RERA orderA Hyderabad builder, lacking RERA registration, allegedly misused funds from 62 homebuyers by diverting them to other projects, leading to ...
- RERA Impact: Builder asked to pay Rs 2.56 crore compensation and foreclose homebuyer’s housing loan due to 7-year delay in possession of flatRERA: A homebuyer who took home loan to buy an apartment in Bengaluru faced challenges when the bank started charging the EMIs but construc...
- Court orders Godrej Projects to refund Rs 4 crore to homebuyers for not building road, amenities 7 years after bookingNCDRC has ordered Godrej Projects to refund over Rs 4 crore to homebuyers. The builder failed to deliver promised amenities, including a 24...
- Bombay HC says refund by builder to buyers under RERA order not liable to TDSThe HC too said the refund was akin to a judgment debt and cannot be liable to TDS.
- Defaulter builders: UP-Rera to issue SOPs for home buyersUP-Rera is also looking for a government-backed auction house to trade off property secured from defaulter builders for refunding buyers th...
- If home buyer opts out, builder must refund most amount: NCDRCThe National Consumer Disputes Redressal Commission said one-year delay in completion of a housing project is reasonable and a buyer cannot...
- To refund home buyers, Rera to auction unsold flats of defaulting buildersWhile Rera benches have taken several steps against defaulting builders, this is perhaps the first time that such a move has been announced...
- House delayed, home buyer can’t be forced to take possession: SCHome buyers are justified in seeking a refund for a house even if the delayed project is ready, the Supreme Court has ruled.
- Refund home buyers for delays with interest equal to home loan rate: NCDRCThe apex consumer commission has said builders have to pay compensation and litigation cost to home buyers who seek refund.
- Home buyers can seek refund if flat delayed beyond 1 year: NCDRCBuyers forced to wait for over a year for flats can now claim refund from builders.
- Supreme Court empowers home buyers to claim refundsRERA is a buyer-centric law where if a builder fails to deliver a project within the prescribed time frame then the buyer has a right to ca...
- Buyer can't wait indefinitely for flat, says SC on seven-year delayThe court said a buyer cannot be required to wait indefinitely for possession of his house.
- Home buyers can seek higher compensation than what is specified in contract: NCDRCThe commission directed the builder to pay Rs 5 lakh compensation to one Govid Paul of Punjab over and above the refund amount for inordina...
- Supertech to deposit Rs 10 cr by Jan 3 in Noida twin tower project caseShoeb Alam, counsel for some of the home buyers, sought refund on the basis that the judgment of the Allahabad HC to refund money to the al...
- Supreme Court asks Supertech to refund buyers in Noida twin towersMany buyers in the two towers had decided they did not want to continue in the project after the court order and demanded a refund from the...
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