Appellant / Complainant
Yamuna Expressway Industrial Development Authority
Respondent
Avijit Chakravorty
Partial
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 0901126040222023 by Yamuna Expressway Industrial Development Authority against Avijit Chakravorty before up_rera.
Delay condonation
The Tribunal condoned the delay in filing the appeals and disposed of the batch of appeals by modifying the interest rate for delay to MCLR+1% per annum, subject to specific conditions regarding allotment and possession, while upholding other directions from the Regulatory Authority.
Delay condonation
The Tribunal issued notice to the respondent and provided specific procedural instructions for the service of the appeal and application for condonation of delay, scheduling the next hearing for 07.08.2025.
Tribunal Order #0901126040222023-07-08-2025
The Tribunal condoned the delay in filing the appeals and disposed of the batch of appeals by modifying the interest rate for delay to MCLR+1% per annum, subject to specific conditions regarding allotment and possession, while upholding other directions from the Regulatory Authority.
Tribunal Disposal & Final Award Ruling
The Tribunal condoned the delay in filing the appeals and disposed of the batch of appeals by modifying the interest rate for delay to MCLR+1% per annum, subject to specific conditions regarding allotment and possession, while upholding other directions from the Regulatory Authority. Awarded in favor of Partial. Awarded interest rate: MCLR+1% per annum.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal condoned the delay in filing the appeals and disposed of the batch of appeals by modifying the interest rate for delay to MCLR+1% per annum, subject to specific conditions regarding allotment and possession, while upholding other directions from the Regulatory Authority.
Ruling Awarded To
Partial
Awarded Interest Rate
MCLR+1% per annum
Interest Period
after expiry of four years from the date of allotment letter or deposition of 75% of the total premium of the allotted plot of the respective allottees, whichever is later, till obtaining OC/CC or offer of possession, whichever is later
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Prashant Kumar Singh
Official RERA Tribunal Orders (1)
The Tribunal condoned the delay in filing the appeals and disposed of the batch of appeals by modifying the interest rate for delay to MCLR+1% per annum, subject to specific conditions regarding allotment and possession, while upholding other directions from the Regulatory Authority.
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