up_reraStatus: Completed
CASE ID: 0901126023962021

Appellant / Complainant

Divyanshu Kumar Srivastava

VS

Respondent

Wondrous Buildmart Private Limited, Eldeco Infrastructure Properties Ltd

Developer Firm

wondrous buildmart private limited

Disputed Amount

2,80,061

Disposal Award

Respondent

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Legal Issues & Claims Raised

Refund of InvestmentDelay Compensation / InterestUnfair Cancellation & Forfeiture

Case Procedural History & Progression Tree

Visual step-by-step tree detailing dispute origin, interim hearings, and final tribunal ruling.

28 Milestones
Filing Phase

Complaint Filing & Dispute Registration

Complaint registered under Case ID 0901126023962021 by Divyanshu Kumar Srivastava against Wondrous Buildmart Private Limited, Eldeco Infrastructure Properties Ltd before up_rera.

Refund of InvestmentDelay Compensation / InterestUnfair Cancellation & Forfeiture
2
Stage 130/05/2023

for delivery of Judgment/Order

The Uttar Pradesh Real Estate Appellate Tribunal dismissed the appeals filed by allottees, ruling that the promoter was not contractually obligated to facilitate subvention loans under the RERA Act and finding no illegality in the Regulatory Authority's order for principal refund.

3
Stage 228/02/2023

Further Hearing

The Tribunal heard arguments from both the appellant and respondent and reserved its judgment for later delivery.

4
Stage 313/02/2023

Further Hearing

The proceedings were adjourned at the request of the appellant's counsel and the matter is rescheduled for hearing on 28.02.2023.

5
Stage 407/02/2023

Further Hearing

The provided text is a formal header for Appeal-348/2021 before the U.P. Real Estate Appellate Tribunal, identifying the parties, legal counsel, and presiding members of the bench.

6
Stage 506/02/2023

Hearing

The Tribunal has scheduled the appeal for a hearing on 07.02.2023 and referred to a previous order passed in Appeal No. 345/2021.

7
Stage 603/01/2023

Further Hearing

The Tribunal granted an adjournment requested by the appellant's counsel due to personal difficulty and rescheduled the hearing for 06.02.2023, noting that no further adjournments will be permitted.

8
Stage 702/12/2022

Further Hearing

The Tribunal noted that pleadings have been exchanged and scheduled the appeal for a hearing on January 3, 2023.

9
Stage 803/11/2022

Further Hearing

No text available.

10
Stage 901/11/2022

Further Hearing

The Tribunal granted the appellant's counsel two days to prepare his brief and rescheduled the hearing for November 3, 2022.

11
Stage 1023/09/2022

Further Hearing

The Tribunal granted an adjournment requested by the respondent's counsel and corrected a clerical error regarding dates in a previous order dated 02.09.2022.

12
Stage 1102/09/2022

Further Hearing

The Tribunal granted the respondent one week's time to seek instructions regarding the payment of interest on the appellant's deposited amount, excluding the COVID-19 pandemic period, and scheduled the matter for 23.09.2022.

13
Stage 1217/08/2022

Further Order

The Tribunal noted that pleadings have been exchanged and scheduled the appeal for a hearing on 02.09.2022.

14
Stage 1326/07/2022

Further Order

The Tribunal granted the appellant's counsel additional time to study the agreement and examine issues regarding the subvention scheme, adjourning the matter to 17.08.2022.

15
Stage 1416/05/2022

Further Order

The Tribunal adjourned the appeal to 26.07.2022 because the counsel for the appellant was unable to attend the proceeding due to personal reasons.

16
Stage 1528/04/2022

Further Order

The Tribunal granted an adjournment request from the appellant's counsel and scheduled the appeal for a hearing on 16.05.2022.

17
Stage 1615/04/2022

Further Order

No text available.

18
Stage 1709/03/2022

Hearing

The Tribunal condoned a five-day delay in filing the appeal, citing COVID-19 pandemic relaxations granted by the Supreme Court, and directed the Registry to register the defective appeal as regular.

19
Stage 1806/01/2022

Hearing

The Tribunal granted the appellant 10 days to file a reply to the respondent's objections and scheduled the matter for hearing on January 27, 2022, regarding the application for condonation of delay.

20
Stage 1914/12/2021

Hearing

The Tribunal granted the appellant 10 days to file a reply to the respondent's objections and scheduled the matter for hearing on the application for condonation of delay on 06.01.2022.

21
Stage 2024/11/2021

Hearing

The Tribunal granted the respondent a one-week extension to file objections to the application for condonation of delay and grounds of appeal, with subsequent directions for filing replies and uploading documents via the e-portal.

22
Stage 2101/10/2021

Hearing

The Tribunal directed the respondent to file objections to the limitation application and grounds of appeal before the next hearing date, which is scheduled for 24.11.2021.

23
Stage 2209/09/2021

Delay condonation

The Tribunal issued notice to the respondent and scheduled the matter for 01.10.2021 to address the disposal of a limitation application and any related objections.

24
Stage 2305/05/2021

Delay condonation

No text available.

25
Stage 2408/04/2021

Delay condonation

No text available.

26
Stage 25Final Ruling Order

Tribunal Order #0901126023962021-30-05-2023

The Uttar Pradesh Real Estate Appellate Tribunal dismissed the appeals filed by allottees, ruling that the promoter was not contractually obligated to facilitate subvention loans under the RERA Act and finding no illegality in the Regulatory Authority's order for principal refund.

27
Stage 26Interim Order

Tribunal Order #0901126023962021-09-03-2022

The Tribunal condoned a five-day delay in filing the appeal, citing COVID-19 pandemic relaxations granted by the Supreme Court, and directed the Registry to register the defective appeal as regular.

Disposal Phase

Tribunal Disposal & Final Award Ruling

The Uttar Pradesh Real Estate Appellate Tribunal dismissed the appeals filed by allottees, ruling that the promoter was not contractually obligated to facilitate subvention loans under the RERA Act and finding no illegality in the Regulatory Authority's order for principal refund. Awarded in favor of Respondent.

Disposal Winner: RespondentStatus: Completed

Final Tribunal Order & Ruling Verdict Summary

Official Ruling Summary

The Uttar Pradesh Real Estate Appellate Tribunal dismissed the appeals filed by allottees, ruling that the promoter was not contractually obligated to facilitate subvention loans under the RERA Act and finding no illegality in the Regulatory Authority's order for principal refund.

Ruling Awarded To

Respondent

Verified Tribunal DocumentationDownload Official Final Tribunal Order PDF

Statutory Sections Cited (RERA Act 2016)

Section 18(1)Section 11(5)

Appearing Legal Counsel & Advocates

Appellant Advocate(s)

  • Ishan Khanna

Respondent Advocate(s)

  • Vinay Lakhani
  • Saurabh Misra

Official RERA Tribunal Orders (2)

FINAL_ORDEROrder ID: 0901126023962021-30-05-2023

The Uttar Pradesh Real Estate Appellate Tribunal dismissed the appeals filed by allottees, ruling that the promoter was not contractually obligated to facilitate subvention loans under the RERA Act and finding no illegality in the Regulatory Authority's order for principal refund.

INTERIM_ORDEROrder ID: 0901126023962021-09-03-2022

The Tribunal condoned a five-day delay in filing the appeal, citing COVID-19 pandemic relaxations granted by the Supreme Court, and directed the Registry to register the defective appeal as regular.

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