MahaRERA orders developer to refund homebuyers: 7 checks to make before booking a flat
New Delhi, Sept. 11 -- The Maharashtra Real Estate Regulatory Authority (MahaRERA) has directed a developer to refund amounts that buyers were able to establish they had paid for flats, along with applicable interest.
The case serves as an important reminder for homebuyers: an allotment letter or a RERA registration number does not automatically mean that the particular flat you are buying has been approved for construction.
The dispute involved the Swami Krupaa project, where buyers had booked flats on the sixth and seventh floors. However, the Commencement Certificate (CC) on record permitted construction only up to the fifth floor. The buyers said they were assured that approvals for the additional floors would be obtained later.
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