New Delhi, Aug. 31 -- The Maharashtra Real Estate Appellate Tribunal (MahaREAT) has protected a Dubai-based buyer from an unfair contract. Justice SS Shinde and member Rajagopal Devara delivered the ruling, ordering a Mumbai builder to provide a full refund with interest, ET Wealth reported.

Mr Raghuwanshi booked two flats in Mumbai in 2015. The flats cost Rs.2.35 crore and Rs.3.17 crore. He paid around 20% towards each booking. These payments were Rs.48.73 lakh and Rs.66.56 lakh.

Both sides signed allotment letters, but no registered sale agreements followed. Possession was promised before April 2017. However, the builder obtained the occupancy certificate only in May 2018. The buyer also found differences between the agreed terms and ...