Appellant / Complainant
Air Force Naval Housing Board
Respondent
Sarvesh Sharma
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 0901126018162020 by Air Force Naval Housing Board against Sarvesh Sharma before up_rera.
for delivery of Judgment/Order
The Tribunal dismissed 48 appeals filed by the Air Force Naval Housing Board, upholding the RERA Greater Noida orders for interest payments to allottees, and directed that the pre-deposited amounts be transferred to U.P. RERA for distribution during execution proceedings.
Hearing
The order refers the parties to a previous order passed in Appeal No. D 21/2023 regarding the matter between Air Force Naval Housing Board and Sarvesh Sharma.
For Order
The order refers the parties to a previously passed order dated in Appeal No. D 866/2021 for the substantive directions.
For Order
The Tribunal has ordered the matter to be listed for hearing on February 13, 2024.
For Order
The Tribunal has scheduled the case for 12.07.2023 to consider an application for condonation of delay and for a hearing.
to file objections and its reply
The Tribunal allowed the appellant's application to amend its prayer clause, limiting the challenge specifically to the Regulatory Authority's direction regarding the grant of interest for delayed possession.
Notice
The Tribunal granted the respondent 10 days to file objections to the application for condonation of delay and grounds of appeal, scheduling the matter for hearing on 14.12.2022.
Notice
The Tribunal granted the respondent 10 days to file objections to the condonation of delay application and grounds of appeal, with a subsequent timeline for replies and a new hearing date set for 13.10.2022.
Tribunal Order #0901126018162020-07-05-2024
The Tribunal dismissed 48 appeals filed by the Air Force Naval Housing Board, upholding the RERA Greater Noida orders for interest payments to allottees, and directed that the pre-deposited amounts be transferred to U.P. RERA for distribution during execution proceedings.
Tribunal Order #0901126018162020-14-12-2022
The Tribunal allowed the appellant's application to amend its prayer clause, limiting the challenge specifically to the Regulatory Authority's direction regarding the grant of interest for delayed possession.
Tribunal Disposal & Final Award Ruling
The Tribunal dismissed 48 appeals filed by the Air Force Naval Housing Board, upholding the RERA Greater Noida orders for interest payments to allottees, and directed that the pre-deposited amounts be transferred to U.P. RERA for distribution during execution proceedings. Awarded in favor of Respondent. Awarded interest rate: MCLR + 1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal dismissed 48 appeals filed by the Air Force Naval Housing Board, upholding the RERA Greater Noida orders for interest payments to allottees, and directed that the pre-deposited amounts be transferred to U.P. RERA for distribution during execution proceedings.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR + 1%
Interest Period
w.e.f. 01.07.2012 till offer of possession or obtaining of OC whichever is later
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Harsh Vardhan
- N A
Respondent Advocate(s)
- Rakesh Kumar Rana
Official RERA Tribunal Orders (2)
The Tribunal dismissed 48 appeals filed by the Air Force Naval Housing Board, upholding the RERA Greater Noida orders for interest payments to allottees, and directed that the pre-deposited amounts be transferred to U.P. RERA for distribution during execution proceedings.
The Tribunal allowed the appellant's application to amend its prayer clause, limiting the challenge specifically to the Regulatory Authority's direction regarding the grant of interest for delayed possession.
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