Uttar Pradesh Real Estate Regulatory Authority
Nikhilesh Kumar Mall v. Gorakhpur Development Authority Taramandal, Deoria
Complaint No. LKO148/02/0027/2020
- Decision date
- Not recorded
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- Full text
- Bench
- Bench 1 Lucknow
Source: UP RERA order
Connected provisions and cases
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Judgment text
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t (ftF-qrffi eil{ fuf,K{) sftfiqq zoro o1 qr*- re d en-fl.fd sorqrft t q q6 (frfu{q-{ sil-t f,{f,rs) efiftqq, 2016 of qfti-18 T-rrqil wE qrhil-{ t fo'- Return of amount and compensation: (l) If the promoter fails to complete or is unable to give possession of an apartment, plot or building-. (a) In accordance with the terms of the agreement for sale or, as the case may be, duly completed by the date specified therein: or (b) Due to discontinuance of his business as a developer on account of suspension or revocation of the registration under this Act or for any other reason. He shall be liable on demand to the allottees, in case the allottee wishes to withdraw from the project, without prejudice to any other remedy available, to return the amount received by him in respect of that apartment, plot, building, as the case may be, with interest at such rate as may be prescribed in this behalf including compensation in the manner as provided u nder this Act: \,--. Provided that where an allottee does not intend to withdraw from the project, he shall be paid, by the promoter, interest
for every month of delay, till the handing over of the possession, at such rate as may be prescribed. (2) The promoter shall compensate the allottees in case of any loss caused to him due to defective title of the land, on which the project is being developed or has been developed, in the manner as provided under this Act, and the claim for compensation under this sub- section shall not be barred by limitation provided under any law for the time being in force. (3) If the promoter fails to discharge any other obligations imposed on him under this Act or the rules or regulations made there under or in accordance with the terms and conditions of the agreement for sale, he shall be liable to pay such compensation to the allottees, in the manner as provided under this Act." sil{ cnrd-e sq-t=ff wfrEnq t qa $TE *flr e fu qR qRq)-sfl ffif, t q-t ea-erq Gil?ifi ds-m qffiqfl t qa GrD-o-R *'n fu rS d-{ qrrd t d
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The recommendations of the Committee are as follows: l- "All constructions except the extended portion of the Circuit House and its link road be stopped till the Monitoring Committee forms an opinion on the basis of Project Report of Rejuvenation Committee and other material, which is likely to be available soon. 2- A committee of expert be sent by Hon'ble NGT to inspect the Ramgarh lake and its surrounding to make the lake charged with water of natural resources and tender its advice for its survival."
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gRI qT qq=T B, d {I-cq lT{cFn orltr-r-{ qr c-d fl6 iq qt.'t ({ E$ qn (f,qF{qq-{ 2016 d errftq R-{ro 1l.1o.2oil vq fu6fs) oTtsft-{HT-sqfl zora Grk{dFn Gil-{ funru{) (Fq-nqZqfl d frq o-w) MT-Hqn. (frfrqqq f,{rnq qrsq d nr+q g iiotlrs tr gsi €d.-r-o. d sq q frd.d /qlgl ffis d (ii) q ffic( a-o-{q (Events of default) qRqtfud t, frrr{q ,tttR offi A ewrc o1 Rqh fr sil"r8 tg qrRqrR-d * fu.-d fuq-rdil *i The Allottee shall have the option of terminating the Agreement in which case the Promoter shall be liable to refund the entire money paid by the Allottee under any head whatsoever towards the purchase of the apartment, along with interest at the rate equal to MCLR (Marginal Cost of Lending Rate) on home loan of State Bank of lndia +1%o unless provided otherwise under the Rules, within forty-five days of receiving the termination notice:
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