Karnataka RERA orders developer to refund entire amount despite project completion. Here's why
In this case, the homebuyer had booked an apartment in the Sobha Valley View project in south Bengaluru for Rs 1.5 crore.
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In this case, the homebuyer had booked an apartment in the Sobha Valley View project in south Bengaluru for Rs 1.5 crore.
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In this case, the developer had contended that the project was never stalled but the construction was halted — per directions of the municipality — due to a wall collapse in an adjacent building.
This was after KSPCB conducted an inspection of the site on June 13 and came across multiple violations. The notice sent to the director of Bagmane Developers Pvt Ltd highlighted that the violations are serious, and further action will be initiated if no satisfactory reply with an action taken report is received by KSPCB within seven days of the notice receipt.
The court was hearing two PILs of 2019 by Vijendra Rai, a lawyer, highlighting non-payment of transit rent to eligible persons/slum-dwellers. Rai mainly referred to 17 projects of Omkar Realtors and Developers Pvt Ltd.