PURCHASERS CAN CLAIM REFUND IF PROMOTER MISSES TO HANDOVER POSSESSION BY AGREEED DATE: MREAT

Published On: 03/01/2023

Practice Area: Real Estate

Authors:

The Maharashtra Real Estate Appellate Tribunal in the recent case of Bijon Dhirendra Tatukdar & Anr v/s Dhruva Woolen Mills Pvt. Ltd held that it is the right of the allottees to seek refunds if the developer fails to hand over possession by the agreed date despite the fact that the occupation certificate was issued after the agreed date of possession.