Tag: #RealEstateDispute

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Allahabad High Court Nullifies Greater Noida Authority’s Plot Cancellation Orders

July 2, 2025

NOIDA: The Allahabad High Court has struck down two separate orders issued by the Greater Noida Industrial Development Authority (GNIDA) canceling land allotments, marking a legal setback for the Authority. The court found that GNIDA failed to adhere to statutory deadlines and followed procedurally flawed processes. The two cases involved high-stakes projects—one being a major […]

Allahabad High Court Nullifies Greater Noida Authority’s Plot Cancellation Ordersmore
Home Loan

Flat Sale Agreement Not Mandatory for Relief Under Real Estate Law: Rules MREAT

May 27, 2025

MUMBAI: In a significant ruling, the Maharashtra Real Estate Appellate Tribunal (MREAT) has overturned a 2020 MahaRERA decision that had denied compensation to a homebuyer due to the absence of a registered sale agreement. The tribunal found the denial unjustified and directed the developer to refund the sum paid by the buyer, along with applicable […]

Flat Sale Agreement Not Mandatory for Relief Under Real Estate Law: Rules MREATmore

Raymond is directed by MahaRERA to deduct 2% of the total amount for the flat upon cancellation.

November 25, 2023

MUMBAI: Raymond Ltd. was ordered by the Maharashtra Real Estate Regulatory Authority (MahaRERA) to withhold only 2% of the entire consideration of an apartment without charging interest. This is because the developer lost the entire sum of approximately Rs 6 lakh that a couple had paid after their reservation was canceled. It referenced a recent […]

Raymond is directed by MahaRERA to deduct 2% of the total amount for the flat upon cancellation.more