Maharashtra Real Estate Regulatory Authority (MahaRERA) on Wednesday asked a Mumbai builder to return an advance amount 26.15 lakh rupees to a buyer, it is the first ever order since the RERA came into the effect in Maharashtra on May 1. The order came on Wednesday in a case registered by a home buyer from Khar against the builder for a project in Virar (West).
The complainant said he had registered the complaint under the Real Estate (Regulation and Development) Act RERA because he was not getting a refund of the advance he paid for the project.
MahaRera said the complainant booked the flat in 2012-13 and was promised that the project would be finished in 2016. The case was filed against the buuilder as the project was dragging on with no end.
We are extremely happy that MahaRERA ruled in our favour. The developer immediately issued the cheque following the order
said the complainant, who was there at MahaRERA office with his wife. He filed a complaint on MahaRERA website by paying a sum of Rs 5,000.
RERA officials said that the developer has agreed to pay the complainant after 3 hearings. “Consent terms were filed by both the parties and the builder agreed to return the complete amount…complaint was heard before adjudicating officer B D Kapadanis,” MahaRERA secretary Vasant Prabhu. He added this is the first ever decision made after MahaRERA was constituted.
Shirish Deshpande, Mumbai Grahak Panchayat (MGP) chairperson said that they are expecting more consumers to register their complaints against the developers registered with MahaRERA. “We will wait and watch,” he added.
The deadline for registering housing projects with MahaRERA ended on 31 July. Since then the authority has registered more than 13,000 projects, highest in India. The authority has so far received 98 complaints from buyers.
Shantilal Kataria, Credai-Maharashta president said
builders’ response to MahaRERA registration was very encouraging. At least 17 lakh residential units, over 1 lakh commercial units and above 2 lakh plots have been registered with MahaRERA. This is among the highest in the country . We hope more developers will register with MahaRERA in near future”.