MREAT penalises home buyers for suppressing facts

MREAT penalises home buyers for suppressing facts
29/04/2019 , by , in News/Views

The Maharashtra Real Estate Appellate Tribunal (MREAT) has set aside two MahaRERA orders which had asked L&T Parel Project to pay a compensation of Rs 2 lakh for ‘harassing’ home buyers, and directed the developer to reduce the price of the flat since its carpet area had been reduced.

The tribunal presided over by a bench consisting of Chairperson Justice (retd) Indira Jain and Member, Administration, SS Sandhu, also held that the home buyers, Alok Kejriwal and son AkshatKejriwal, were guilty of suppressioveri (suppression of truth), and asks them to bear the cost of the litigation.

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