Appellant / Complainant
Aarti Sehajpaul, Deepak Sehajpaul
Respondent
Parsvnath Developers Ltd.
parsvnath developers ltd.
₹5,75,300
Appellant
Legal Issues & Claims Raised
Case Procedural History & Progression Tree
Visual step-by-step tree detailing dispute origin, interim hearings, and final tribunal ruling.
Complaint Filing & Dispute Registration
Complaint registered under Case ID 0901126000932019 by Aarti Sehajpaul, Deepak Sehajpaul against Parsvnath Developers Ltd. before up_rera.
for delivery of Judgment/Order
The U.P. Real Estate Appellate Tribunal modified the lower authority's order, declaring the respondent's project 'abandoned' and directing the developer to refund the deposited amount of Rs. 5,75,300 with 12% interest per annum, while granting appellants liberty to seek compensation before an Adjudicating Officer.
Further Hearing
The Tribunal heard arguments from both parties and scheduled the matter for judgment on 26.03.2021.
Tribunal Order #0901126000932019-07-09-2022
The U.P. Real Estate Appellate Tribunal modified the lower authority's order, declaring the respondent's project 'abandoned' and directing the developer to refund the deposited amount of Rs. 5,75,300 with 12% interest per annum, while granting appellants liberty to seek compensation before an Adjudicating Officer.
Tribunal Disposal & Final Award Ruling
The U.P. Real Estate Appellate Tribunal modified the lower authority's order, declaring the respondent's project 'abandoned' and directing the developer to refund the deposited amount of Rs. 5,75,300 with 12% interest per annum, while granting appellants liberty to seek compensation before an Adjudicating Officer. Awarded in favor of Appellant. Awarded interest rate: 12% p.a..
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The U.P. Real Estate Appellate Tribunal modified the lower authority's order, declaring the respondent's project 'abandoned' and directing the developer to refund the deposited amount of Rs. 5,75,300 with 12% interest per annum, while granting appellants liberty to seek compensation before an Adjudicating Officer.
Ruling Awarded To
Appellant
Awarded Interest Rate
12% p.a.
Interest Period
from the date of deposit till the date of actual payment
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Azhar Ikram
- Manish Singh
Respondent Advocate(s)
- Rajesh Chadha
Official RERA Tribunal Orders (1)
The U.P. Real Estate Appellate Tribunal modified the lower authority's order, declaring the respondent's project 'abandoned' and directing the developer to refund the deposited amount of Rs. 5,75,300 with 12% interest per annum, while granting appellants liberty to seek compensation before an Adjudicating Officer.
Need to research all rulings for parsvnath developers ltd.?
Extract builder dossiers, check execution status, and draft RERA appeal petitions in minutes using TathyaGrid.