Dubai-based Indian bought two Mumbai flats, but later cancelled them after delayed possession; builder sought deductions, but MahaREAT orders full Rs 1.15 crore refund plus interest
In 2015, the homebuyer decided to purchase two flats being offered by a Mumbai-based builder. Delayed possession of homes can cause grievances to homebuyers. But, what if the builder inserts clauses of deductions if you cancel the booking and ask for a refund?In one such case the Maharashtra Real Estate Appellate Tribunal (MahREAT), Mumbai, has…
