The record
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- The Telangana Real Estate Regulatory Authority ruled against a builder for failing to deliver a flat by the contractually agreed date.
- The authority rejected the builder's excuse that the Covid-19 pandemic caused the delay, noting the sales agreement was signed long after the pandemic subsided.
- The developer was also ordered to remove an uncontracted debris charge imposed on the customer.
- This ruling enforces contractual obligations and protects homebuyer interests against project delays.
Who said what1
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Telangana RERA
1 quote · 1 outlet
“The material on record clearly demonstrates a continued pattern of false assurances despite the Respondent’s (builder’s) knowledge of its inability to adhere to the committed timelines, while the project admittedly remains incomplete beyond the stipulated possession date.”
In the article
…grace period. The Telangana RERA authority held that these circumstances amounted to a breach of the builder's contractual and statutory obligations under Section 18 of the RERA Act. The Telangana RERA authority said: “ The material on record clearly demonstrates a continued pattern of false assurances despite the Respondent’s (builder’s) knowledge of its inability to adhere to the committed timelines, while the project admittedly remains incomplete beyond the stipulated possession date. ” The Telangana RERA authority clarified that the homebuyer can seek compensation for mental agony, financial loss and any assured compensation amounts promised by the builder by filing an application in Form 'N' before…
Coverage1
All filed from India
Named India · Asha Kiran Sharma · HMDA · King Stubb and Kasiva · Telangana High Court · Telangana RERA
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