Can homebuyers seek a refund if a developer changes a bungalow’s design and layout after booking? MahaRERA clarifies
The Maharashtra Real Estate Regulatory Authority (MahaRERA) has clarified that homebuyers can seek a refund if substantial disputes arise regarding changes to a property’s layout and design after booking, particularly when such changes lead to a complete breakdown of the contractual relationship between the parties. MahaRERA has clarified that homebuyers can seek a refund if substantial disputes arise regarding changes to a property’s layout and design after booking (Picture for representational purposes only) (Gemini Generated Photo) MahaRERA held that the complainants were entitled to a refund of the entire amount paid to the developer, along with interest, excluding amounts paid towards taxes, stamp duty, registration fees and other statutory charges paid to government authorities. The authority directed the developer to refund the amount paid by the homebuyers, together with applicable interest, within 60 days of the order. In its order, MahaRERA observed that the contractual relationship between the parties had “irretrievably broken down” and that neither side was willing to proceed with the transaction. It noted that compelling either party to continue with the agreement …
