Important Update: Karnataka RERA for Homebuyers

Know Your Rights: Karnataka RERA

Homebuyers Cannot Claim Interest After Signing Cancellation Deed and Receiving Refund

The state real estate regulator said that once the full and final settlement has been done

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Claims of interest on the period of delay cannot be considered.

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In this case, homebuyer Ayush Sinha bought an apartment

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For Rs 1.55 crore in Godrej Reflection Phase 1 project in Sarjapura in Bengaluru in 2019.

In the powers conferred under Section 31 of the RERA Act

The complaint is hereby dismissed

Important Update: Karnataka RERA for Homebuyers

Know Your Rights: Karnataka RERA

Know Your Rights: Karnataka RERA

Homebuyers Cannot Claim Interest After Signing Cancellation Deed and Receiving Refund

Homebuyers Cannot Claim Interest After Signing Cancellation Deed and Receiving Refund

The state real estate regulator said that once the full and final settlement has been done

The state real estate regulator said that once the full and final settlement has been done

Claims of interest on the period of delay cannot be considered.

In this case, homebuyer Ayush Sinha bought an apartment

For Rs 1.55 crore in Godrej Reflection Phase 1 project in Sarjapura in Bengaluru in 2019.

For Rs 1.55 crore in Godrej Reflection Phase 1 project in Sarjapura in Bengaluru in 2019.

In the powers conferred under Section 31 of the RERA Act

The complaint is hereby dismissed

The complaint is hereby dismissed

The regulator said in an order dated July 24, 2023.

The regulator said in an order dated July 24, 2023.