You Searched for: property refund interest
Mohali consumer panel orders Preet Land Promoters to refund ₹11 lakh plus 9% interest due to a 15-year possession delay in the firm's Sector 86 residential project.
- May 29, 2026 19:04 PM IST
- 1175 Views
Telangana RERA has ruled against a homebuyer seeking interest on a ₹62.5 lakh refund in Hyderabad. The authority clarified that the RERA Act does not mandate a specific format for sale deeds, and personal drafting preferences are not grounds for mandatory refunds with interest when the developer is not at fault.
- Mar 20, 2026 19:26 PM IST
- 1205 Views
Telangana RERA dismissed a homebuyer's claim for interest on a ₹62.5 lakh refund, establishing that objections purely based on preferred sale deed drafting are insufficient grounds for relief under RERA laws.
- Mar 19, 2026 11:32 AM IST
- 1199 Views
Telangana RERA rejected a homebuyer's demand for interest on a ₹62.5 lakh refund, clarifying that neither RERA nor state rules mandate a specific sale deed format. The ruling signals developers are not statutorily obligated to alter conveyance documents based on allottee preferences.
- Mar 19, 2026 11:35 AM IST
- 1245 Views
The NCDRC has ruled that developers must obtain Occupancy Certificates before handing over possession, entitling homebuyers to full refunds with interest if this requirement is violated, marking a major win for consumer protection in India's real estate sector.
- 25th Oct 2025
- 1357 Views
The National Consumer Disputes Redressal Commission has ruled that developers offering possession without an Occupancy Certificate must refund homebuyers with interest, setting a landmark precedent for buyer protection.
- 16th Oct 2025
- 1389 Views
Haryana RERA directs Panipat developer to refund ₹10 lakh cash payment with ₹7.73 lakh interest while referring case to Income Tax Department for black money investigation.
- 20th Aug 2025
- 1392 Views
In a strong move, TGRERA orders a builder to refund ₹15.1 lakh or register an unencumbered plot with 11% interest—reinforcing buyer protection in Telangana real estate. The Telangana RERA has directed a builder in the SV Golden City 5 project to either register a clear-title plot or return the full
- 19th May 2025
- 1467 Views
