Appellant / Complainant
U.P. Awas Evam Vikas Parishad
Respondent
Neeraj Gupta
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 0901126061142021 by U.P. Awas Evam Vikas Parishad against Neeraj Gupta before up_rera.
for delivery of Judgment/Order
The U.P. Real Estate Appellate Tribunal dismissed the appeal filed by U.P. Avas Evam Vikas Parishad, upholding the Regulatory Authority's order for delayed possession and interest at MCLR+1% p.a., and directed the transfer of pre-deposited funds to the Authority for disbursement to the respondent.
Hearing
The Tribunal heard arguments from the appellant challenging the Regulatory Authority's order regarding interest rates for delayed possession and has reserved its judgment.
Hearing
The Tribunal granted the appellant one week to place a higher purchase agreement on record and adjourned the matter to 06.04.2023.
Hearing
The Tribunal adjourned the matter and scheduled the appeal for a hearing on 08.02.2023.
Hearing
The court heard arguments from both parties regarding the remaining issue of delayed period interest and has reserved the matter for judgment.
Hearing
The Tribunal directed the respondent to file a reply against the grounds of appeal via email to the appellant's counsel and scheduled the matter for hearing on 26.05.2022.
Hearing on Appeal
The Tribunal directed the respondent's counsel to file a Vakalatnama and a reply to the grounds of appeal before the next hearing date.
Hearing on Appeal
The Tribunal issued a notice to the respondent and established a procedural timeline for the service of appeal documents, filing of objections, and subsequent replies before the next hearing on 20.01.2022.
Tribunal Order #0901126061142021-31-05-2023
The U.P. Real Estate Appellate Tribunal dismissed the appeal filed by U.P. Avas Evam Vikas Parishad, upholding the Regulatory Authority's order for delayed possession and interest at MCLR+1% p.a., and directed the transfer of pre-deposited funds to the Authority for disbursement to the respondent.
Tribunal Order #0901126061142021-16-05-2023
The Tribunal heard arguments from the appellant challenging the Regulatory Authority's order regarding interest rates for delayed possession and has reserved its judgment.
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 Regulatory Authority's order for delayed possession and interest at MCLR+1% p.a., and directed the transfer of pre-deposited funds to the Authority for disbursement to the respondent. Awarded in favor of Respondent. Awarded interest rate: MCLR + 1% p. a..
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 Regulatory Authority's order for delayed possession and interest at MCLR+1% p.a., and directed the transfer of pre-deposited funds to the Authority for disbursement to the respondent.
Ruling Awarded To
Respondent
Awarded Interest Rate
MCLR + 1% p. a.
Interest Period
from 20.07.2019 to 16.04.2021
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- N N Pandey
Respondent Advocate(s)
- Kanchan Kumar Pandey
Official RERA Tribunal Orders (2)
The U.P. Real Estate Appellate Tribunal dismissed the appeal filed by U.P. Avas Evam Vikas Parishad, upholding the Regulatory Authority's order for delayed possession and interest at MCLR+1% p.a., and directed the transfer of pre-deposited funds to the Authority for disbursement to the respondent.
The Tribunal heard arguments from the appellant challenging the Regulatory Authority's order regarding interest rates for delayed possession and has reserved its judgment.
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