Mumbai: MahaRERA rejects Kohinoor Developers' contention against two homebuyers
MahaRERA has directed developer to pay interest at the rate of 9 per cent per annum on the received amount till handing over the possession of the flat
The Maharashtra Real Estate Regulatory Authority(MahaRERA) has dismissed Kohinoor developers' contention that homebuyers' - Priyanka Vij and Vandana Vij - seeking interest on payment made over delay in possession of flat in the project 'Kohinoor City' residential Phase II, at Kurla (West) is non-maintainable since they have repurchased it and no sale deed has been signed between both.
MahaRERA Member-II BD Kapadnis, however, in the order cited that when the complainants repurchased the flat from original allottee -Shabina Faruq Ahmed Shaikh, it granted sale and transfer of flat. Therefore, the complainants stand in the shoes of the original allottee.