up_reraStatus: Active
CASE ID: 0901126011182020

Appellant / Complainant

Arun Kumar

VS

Respondent

Oasis Buildmart India Pvt. Ltd.

Developer Firm

oasis buildmart india pvt. ltd.

Disputed Amount

5,76,114

Disposal Award

Appellant

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Legal Issues & Claims Raised

Delay in PossessionRefund of InvestmentDelay Compensation / InterestPromotional Misrepresentation

Case Procedural History & Progression Tree

Visual step-by-step tree detailing dispute origin, interim hearings, and final tribunal ruling.

20 Milestones
Filing Phase

Complaint Filing & Dispute Registration

Complaint registered under Case ID 0901126011182020 by Arun Kumar against Oasis Buildmart India Pvt. Ltd. before up_rera.

Delay in PossessionRefund of InvestmentDelay Compensation / InterestPromotional Misrepresentation
2
Stage 130/01/2024

For Order

The Tribunal partially allowed the review application to correct a calculation error, directing the respondent to refund a total of Rs. 26,92,414 (comprising initial payments and IHFL loan amounts) plus interest on the initial deposit at MCLR+1% per annum.

3
Stage 231/10/2023

For Order

No text available.

4
Stage 319/09/2023

For Order

The Tribunal adjourned the proceedings due to the absence of both parties and rescheduled the appeal for hearing on 31.10.2023.

5
Stage 406/09/2023

For Order

The Tribunal adjourned the proceedings due to a three-day strike called by the Bar Council of Uttar Pradesh and rescheduled the hearing for September 19, 2023.

6
Stage 521/03/2022

for delivery of Judgment/Order

The Tribunal set aside the previous order of the Regulatory Authority and directed the respondent to refund the appellant's amount of Rs. 5,76,114/- with interest at the rate of MCLR+1% per annum from the date of deposit until the date of refund.

7
Stage 618/10/2021

Hearing

The Tribunal proceeded with an ex-parte hearing of the appellant due to the absence of the respondent and reserved the judgment for further consideration.

8
Stage 708/10/2021

to file objections and its reply

The Tribunal decided to proceed ex-parte against the respondent due to non-appearance despite service of notice and scheduled the matter for an ex-parte hearing on 18.10.2021.

9
Stage 810/09/2021

Hearing

The Tribunal issued notices to the respondent and directed the appellant to serve the memo of appeal via speed post and file an affidavit of service before the next hearing date on 08.10.2021.

10
Stage 928/04/2021

Hearing

No text available.

11
Stage 1005/04/2021

Hearing

No text available.

12
Stage 1108/03/2021

Hearing

The Tribunal issued notice to the respondent and established a procedural timeline for the exchange of appeal documents via email and the e-portal.

13
Stage 1222/02/2021

For Order

The Tribunal directed the appellant to submit documents sent via post through a formal affidavit and scheduled the next hearing for 08.03.2021.

14
Stage 1311/02/2021

Hearing on Appeal

The Tribunal directed the Registry to convert a defective appeal into a regular appeal and granted the appellant one week to submit payment receipts and withdrawal requests.

15
Stage 1402/02/2021

Ex-Parte

The Tribunal granted the appellant time to prepare his brief and rescheduled the hearing for 11.02.2021.

16
Stage 1515/01/2021

Notice

No text available.

17
Stage 1619/11/2020

Notice

No text available.

18
Stage 17Final Ruling Order

Tribunal Order #0901126011182020-21-03-2022

The Tribunal set aside the previous order of the Regulatory Authority and directed the respondent to refund the appellant's amount of Rs. 5,76,114/- with interest at the rate of MCLR+1% per annum from the date of deposit until the date of refund.

19
Stage 18Interim Order

Tribunal Order #0901126011182020-30-01-2024

The Tribunal partially allowed the review application to correct a calculation error, directing the respondent to refund a total of Rs. 26,92,414 (comprising initial payments and IHFL loan amounts) plus interest on the initial deposit at MCLR+1% per annum.

Disposal Phase

Tribunal Disposal & Final Award Ruling

The Tribunal set aside the previous order of the Regulatory Authority and directed the respondent to refund the appellant's amount of Rs. 5,76,114/- with interest at the rate of MCLR+1% per annum from the date of deposit until the date of refund. Awarded in favor of Appellant. Awarded interest rate: MCLR+1% per annum.

Disposal Winner: AppellantInterest Rate: MCLR+1% per annumStatus: Active

Final Tribunal Order & Ruling Verdict Summary

Official Ruling Summary

The Tribunal set aside the previous order of the Regulatory Authority and directed the respondent to refund the appellant's amount of Rs. 5,76,114/- with interest at the rate of MCLR+1% per annum from the date of deposit until the date of refund.

Ruling Awarded To

Appellant

Awarded Interest Rate

MCLR+1% per annum

Interest Period

from the date of deposit till the refund of the amount

Verified Tribunal DocumentationDownload Official Final Tribunal Order PDF

Statutory Sections Cited (RERA Act 2016)

Section 18(1)Section 12

Appearing Legal Counsel & Advocates

Appellant Advocate(s)

  • Applicant/Appellant In-Person

Respondent Advocate(s)

  • Sarvesh Tewari

Official RERA Tribunal Orders (2)

FINAL_ORDEROrder ID: 0901126011182020-21-03-2022

The Tribunal set aside the previous order of the Regulatory Authority and directed the respondent to refund the appellant's amount of Rs. 5,76,114/- with interest at the rate of MCLR+1% per annum from the date of deposit until the date of refund.

INTERIM_ORDEROrder ID: 0901126011182020-30-01-2024

The Tribunal partially allowed the review application to correct a calculation error, directing the respondent to refund a total of Rs. 26,92,414 (comprising initial payments and IHFL loan amounts) plus interest on the initial deposit at MCLR+1% per annum.

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