Appellant / Complainant
U.P. Awas Evam Vikas Parishad
Respondent
Nishant Dwivedi
₹35,40,000
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 0901126015702020 by U.P. Awas Evam Vikas Parishad against Nishant Dwivedi before up_rera.
Judgement
The U.P. Real Estate Appellate Tribunal dismissed the appeal filed by U.P. Avas Evam Vikas Parishad, upholding the Adjudicating Officer's order directing the promoter to pay interest at the rate of MCLR+1% to the allottee for a 41-month delay in possession.
Tribunal Order #0901126015702020-13-08-2021
The U.P. Real Estate Appellate Tribunal dismissed the appeal filed by U.P. Avas Evam Vikas Parishad, upholding the Adjudicating Officer's order directing the promoter to pay interest at the rate of MCLR+1% to the allottee for a 41-month delay in possession.
Tribunal Disposal & Final Award Ruling
The U.P. Real Estate Appellate Tribunal dismissed the appeal filed by U.P. Avas Evam Vikas Parishad, upholding the Adjudicating Officer's order directing the promoter to pay interest at the rate of MCLR+1% to the allottee for a 41-month delay in possession. Awarded in favor of Respondent. Awarded interest rate: MCLR+1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The U.P. Real Estate Appellate Tribunal dismissed the appeal filed by U.P. Avas Evam Vikas Parishad, upholding the Adjudicating Officer's order directing the promoter to pay interest at the rate of MCLR+1% to the allottee for a 41-month delay in possession.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR+1%
Interest Period
from 15.02.2015 to 01.08.2018
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Nn Pandey
Respondent Advocate(s)
- In Person
Official RERA Tribunal Orders (1)
The U.P. Real Estate Appellate Tribunal dismissed the appeal filed by U.P. Avas Evam Vikas Parishad, upholding the Adjudicating Officer's order directing the promoter to pay interest at the rate of MCLR+1% to the allottee for a 41-month delay in possession.
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