Appellant / Complainant
U.P. Avas Evam Vikas Parishad
Respondent
Savita Kashyap
₹9,48,125
Respondent
Legal Issues & Claims Raised
Case Procedural History & Progression Tree
Visual step-by-step tree detailing dispute origin, interim hearings, and final tribunal ruling.
Complaint Filing & Dispute Registration
Complaint registered under Case ID 0901126002492019 by U.P. Avas Evam Vikas Parishad against Savita Kashyap before up_rera.
Judgement
The Tribunal upheld the Regulatory Authority's order directing the promoter to handover possession and pay interest at MCLR+1% for delayed possession, while modifying the order to adjust the Rs. 9,48,125 already paid by the appellant against the total interest due.
For Order
The court heard arguments from both parties and reserved the judgment for a later date.
For Order
The Tribunal granted a request from the appellant's counsel to adjourn the matter and rescheduled the hearing for 29.01.2021.
Tribunal Order #0901126002492019-27-08-2021
The Tribunal upheld the Regulatory Authority's order directing the promoter to handover possession and pay interest at MCLR+1% for delayed possession, while modifying the order to adjust the Rs. 9,48,125 already paid by the appellant against the total interest due.
Tribunal Disposal & Final Award Ruling
The Tribunal upheld the Regulatory Authority's order directing the promoter to handover possession and pay interest at MCLR+1% for delayed possession, while modifying the order to adjust the Rs. 9,48,125 already paid by the appellant against the total interest due. Awarded in favor of Respondent. Awarded interest rate: MCLR+1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal upheld the Regulatory Authority's order directing the promoter to handover possession and pay interest at MCLR+1% for delayed possession, while modifying the order to adjust the Rs. 9,48,125 already paid by the appellant against the total interest due.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR+1%
Interest Period
from the promised date of possession as indicated in the Registration Booklet to the date of actual possession, after deducting 2 years from the delay period
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Siddharth Vikram Asthana
Respondent Advocate(s)
- Tushar Bahadur
Official RERA Tribunal Orders (1)
The Tribunal upheld the Regulatory Authority's order directing the promoter to handover possession and pay interest at MCLR+1% for delayed possession, while modifying the order to adjust the Rs. 9,48,125 already paid by the appellant against the total interest due.
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