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The Economic Times
The Economic Times
Business

No possession of flat after 3 years of signing sale agreement: Homebuyer to get Rs 14.17 lakh refund with Rs 6.4 lakh interest; know how she won the case in TGRERA

In a recent judgement, Telangana RERA provided relief to Mrs Lily Sahu from Brahmapur Sadar, Ganjam, Odisha. This came after the builder based in Banjara Hills, from whom she had bought a flat, stopped responding. It has been over three years since HMDA gave permission for the project, yet she still hasn’t received her flat.

Telangana RERA noted that the Agreement of Sale signed by the builder and Sahu stipulated that the flat was to be handed over within 36 months from the date of obtaining building permissions from HMDA. However, the builder has neither obtained the requisite statutory approvals nor started any legal construction work on the site. Consequently, no progress has been made towards completion of the project, and Sahu hasn’t received possession of her flat.

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