In 2013, two homebuyers believed they would receive their flats by 2014. However, the project registration expired, leaving construction stalled for years. Following this, MahaRERA mandated the builder to refund the buyers' payments and ordered compensation for both complainants. This important ruling highlights buyers’ rights in the face of extended project delays.

According to the complaint made by the homebuyer, he has made a payment of Rs 14.51 lakh till now, which amounts to almost 50% of the total cost. He contacted the developer on…

A homebuyer had paid Rs 91 lakh — 65% of the price of a Rs 1.4-crore flat — in a Karnataka project that was already running on borrowed time.