Search This Blog

Translate the Site.

Monday, 17 May 2021

MahaRERA - Subsequent allottees are not entitled to any interest under Section 18 of the Act.

 In the Matter of Devindersingh Harbajansingh Anand and others Versus Poona Bottling Co. Pvt. Ltd. And others Complaint no.CC005000000011586 decided on 09.01.2019 before Maharashtra Real Estate Regulatory Authority

It has been held that subsequent allottees are not entitled to any interest under Section 18 of the Act. In the instant case, the complainants purchased the flat from the original allottees and were now claiming rent from the developer for the delay in possession on the basis of the date of possession mentioned in the earlier agreement between the original allottees and the developer.


MahaRERA stated that the subsequent allottees were aware at the time of purchase of the flat that the date of possession had lapsed and hence they were not entitled to any relief.


The order can be accessed on http://www.jclex.com/reradossier/subsequent%20allottees%20not%20entitled%20to%20interest.pdf