MahaRERA Orders Refund to Pune Homebuyers Over Non-Mergeable Flats
MahaRERA directs developer to refund Pune homebuyers who cancelled booking in 10 days over non-mergeable jodi flats
Hindustan Times
Image: Hindustan Times
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has mandated Mann-Hinje Township Developers LLP, a subsidiary of Godrej Properties, to refund over ₹14 lakh (approximately $17,000 USD) to two Pune homebuyers who canceled their bookings for two adjacent flats that could not be merged into a single unit. The refund must be processed within 60 days.
- 01MahaRERA directed a refund of over ₹14 lakh to the homebuyers.
- 02The homebuyers canceled their booking within 10 days due to structural limitations.
- 03The developer claimed to have refunded the amount but lacked documentary proof.
- 04MahaRERA emphasized that the developer's forfeiture clause was not applicable.
- 05Failure to comply with the refund order may result in additional interest charges.
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The Maharashtra Real Estate Regulatory Authority (MahaRERA) has ruled that Mann-Hinje Township Developers LLP, part of Godrej Properties, must refund over ₹14 lakh (approximately $17,000 USD) to two homebuyers in Pune who canceled their bookings for two adjoining flats in the Godrej Woodsville project. The cancellation occurred within 10 days after the homebuyers learned that the flats could not be combined into a single 'jodi' apartment as they intended. Despite the developer's claims of having refunded the amount, MahaRERA found no documentary evidence to support this assertion. The authority ordered the developer to process the refund within 60 days and warned that failure to comply would result in interest charges at the State Bank of India’s Highest Marginal Cost of Lending Rate (MCLR) plus 2%. The case highlights the importance of transparency and adherence to regulatory guidelines in real estate transactions.
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This ruling reinforces consumer rights in the real estate sector, ensuring that homebuyers are protected from unfair practices.
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