The delay in projects got converted from months to years shattering the dream of owning a home of many homebuyers. A detailed article on how to get refund from the builders under RERA.
The RERA Act mandated registration with the newly formulated state RERA authorities but the rebate was given to projects which have already procured occupation and completion certificates.
The aggrieved buyers of the alleged developers had to put a long fight in order to get an FIR registered against the fraudulent directors.
Delayed possessions or no possessions at all and even in cases where apartments were given the amenities promised were lacking or not at all present in the developed projects.
An order passed by the supreme court in favour of the aggrieved home buyers who have been waiting to get justice against named builders of the country which is the AMRAPALI Group and UNITECH.
The Karnataka state government is yet to come out with format to agreement for sale (AOs) as specified under section 84 of the act.