Archive · 26 May 2025
Tribunal Rules Flat Sale Relief Does Not Require Registered Agreement
A homebuyer in Mumbai was having trouble with their flat.
Even though there wasn't a formal contract, they complained when the builder was late in finishing the home.
The special court for real estate said the buyer was right, and the builder must refund the money with interest.
The court stated that a formal agreement is not absolutely needed if the buyer and seller both agreed to conditions.
MREAT overturned a MahaRERA order, supporting a buyer's claim for non-delivery.
The tribunal ordered the developer to refund the buyer's payment plus interest.
The case involved a flat booked in 2013 with construction delays and possession issues.
MREAT stated a formal agreement isn't always necessary for relief under the law.
The developer sought to deduct cancellation charges when the buyer sought to withdraw.
- Who
- MREAT, a developer, and a buyer named Stanley Saldanha.
- What
- MREAT ruled in favor of a buyer, overturning a MahaRERA decision.
- When
- The case pertains to a booking from August 2013.
- Where
- Mumbai
- Why
- Due to non-delivery and developer's attempt to deduct cancellation charges.
- Buyer Location
- Andheri
- Project Location
- Panvel
- Amount Paid by Buyer
- Rs 26 lakh+
- Booking Year
- 2013
- Developer
- IndiaBulls
