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RERA orders Emaar, Vatika to refund money to allottee for failing to deliver unit

By IANS | Updated: November 12, 2022 14:30 IST

Gurugram, Nov 12 The real estate regulatory authority (RERA) Gurugram has directed Vatika Limited to refund full amount ...

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Gurugram, Nov 12 The real estate regulatory authority (RERA) Gurugram has directed Vatika Limited to refund full amount to the allottee to whom the builder failed to deliver the unit even after a delay of more than five years.

The allotted was entitled for the possession of the unit on March 19, 2017.

As the unit was not delivered, the allottee moved a petition to RERA court on May 13, 2022 seeking refund, with compensation and legal expenses.

"The authority directs the promoter to refund the amount received by him Rs 35,51,251/- with interest at the rate of 10.25 per cent, as prescribed under Rule 15 of Haryana real estate (regulation and development) Rule 2017 from the date of each payment till the actual date of refund of the amount within the timelines provided in Rule 16 of the Haryana Rules 2017," the court directed the promoter.

In another case, the RERA court ordered Emaar MGFA to refund the amount it realised from the allottee who now wished to withdraw from the project feeling totally harassed and undesirable delay of delivery of unit the allottee booked.

The complainant alleged that Emaar did not complete construction on time and thereby not offered timely possession to complainant and therefore he wished to withdraw from the project.

The complainant booked a unit in Digital Greens commercial project of Emaar at sector 61 and paid a sum of Rs 34,35,961/- against a total sale consideration Rs 1,09, 69,139. The complainant approached the authority in April 2022.

"Keeping in view the aforesaid legal provisions, the respondent is directed to refund the amount deducting earnest money to allottee which shall not exceed 10 per cent of the sale consideration of the unit in question within a period of 90 days from the date of this order and accordingly interest at prescribed is allowed," the court said.

In both the cases, the allottees have been held entitled to receive compensation and legal expenses.

"The Act has clearly provided interest and compensation as separate entitlement/rights which the allottee can claim. For claiming compensation under relevant sections of the Act, the complainants cum allottees may file a separate complaint before AO well prescribed in the Act," Dr KK Khandelwal, chairman, RERA, Gurugram said.

Disclaimer: This post has been auto-published from an agency feed without any modifications to the text and has not been reviewed by an editor

Tags: GurugramRera
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