Appellant / Complainant
Air Force Naval Housing Board
Respondent
Rajat Aggarwal
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 0901126018262020 by Air Force Naval Housing Board against Rajat Aggarwal 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 pre-deposited funds be transferred to U.P. RERA for distribution during execution proceedings.
Hearing
The tribunal refers to a previous order passed in Appeal No. D 21/2023 regarding the matter of Air Force Naval Housing Board vs. Cdr Rajat Aggarwal.
For Order
The tribunal directs the parties to refer to the substantive order previously passed in Appeal No. D 866/2021.
For Order
The Tribunal has ordered the matter to be put up for hearing tomorrow, February 13, 2024.
For Order
The Tribunal has listed the case for hearing on 12.07.2023 to consider an application for condonation of delay.
For Order
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.
Hearing
The Tribunal granted the applicant two weeks to file a reply to the respondent's objections regarding the condonation of delay and scheduled the matter for hearing on 14.12.2022.
Notice
The Tribunal granted the respondent 10 days to file objections to the application for condonation of delay and the grounds of appeal, scheduling the next hearing for 13.10.2022.
Tribunal Order #0901126018262020-07-05-2024
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 pre-deposited funds be transferred to U.P. RERA for distribution during execution proceedings.
Tribunal Order #0901126018262020-14-12-2022
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 pre-deposited funds 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 pre-deposited funds 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)
- N A
- Harsh Vardhan
Respondent Advocate(s)
- Rakesh Kumar Rana
- Rimjhim Rana Singh
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 pre-deposited funds 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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