Appellant / Complainant
Pradeep Kumar Gupta, Sunita Gupta
Respondent
Vxl Realtors Pvt Ltd, Red Cee Constructions Pvt. Ltd. Vxl Realtors Pvt Ltd
vxl realtors pvt. ltd.
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 0901126058782022 by Pradeep Kumar Gupta, Sunita Gupta against Vxl Realtors Pvt Ltd, Red Cee Constructions Pvt. Ltd. Vxl Realtors Pvt Ltd before up_rera.
Re-Hearing
The Tribunal modified the Adjudicating Officer's order to rule that after the enforcement of the RERA Act 2016, interest rates for defaults by either the promoter or allottee must be at the prescribed rate (MCLR+1%) rather than higher rates specified in private agreements.
Re-Hearing
The Tribunal granted an adjournment requested by the appellant's counsel and rescheduled the appeal for hearing on 17.02.2025, noting that no further adjournments will be permitted.
For Order
The Tribunal has adjourned the appeal to 29.01.2025 following a joint request from counsel to allow the parties time to pursue an amicable settlement.
Hearing
The Tribunal heard arguments from both counsels regarding the appeal and has reserved the judgment for a later date.
Hearing
The Tribunal granted an adjournment to both counsels to allow them time to research and refer to supporting judgments, listing the matter for further orders/hearing on 28.08.2024.
Hearing
The appellant's counsel requested a one-week adjournment to seek instructions regarding a jurisdictional objection raised by the respondent concerning interest awards. The matter is scheduled for hearing on 15.05.2024.
Hearing
The Tribunal granted an adjournment request from the appellant's counsel to allow for further examination of a specific direction and rescheduled the hearing for 15.04.2024.
Hearing
The Tribunal noted that pleadings have been exchanged and scheduled the appeal for a hearing on March 11, 2024.
For Order
The Tribunal has issued a routine procedural order listing the appeal for orders/hearing on 03.11.2023.
For Order
The Tribunal granted the appellant one week to file a reply to the respondent's objections and scheduled the next hearing for September 21, 2023.
For Order
The Tribunal granted the respondent 10 days to file objections via email and directed the appellant to file a reply within one week thereafter, while expressing deprecation for the respondent's failure to attend proceedings.
For Order
The Tribunal granted the appellant's request to issue fresh notice to the respondent and directed specific procedural steps for service of notice and exchange of pleadings.
For Order
The Tribunal granted a 10-day extension to the appellant's counsel to file an affidavit of service, warning that failure to comply will result in heavy costs.
Notice
The Tribunal granted a one-week extension for the appellant to file an affidavit of service and adjourned the matter to 11.01.2023 following a request from the appellant's counsel.
Admission
The Tribunal issued notice to the respondent and outlined specific procedural timelines for service of appeal documents and filing of objections/replies.
Tribunal Order #0901126058782022-17-02-2025
The Tribunal modified the Adjudicating Officer's order to rule that after the enforcement of the RERA Act 2016, interest rates for defaults by either the promoter or allottee must be at the prescribed rate (MCLR+1%) rather than higher rates specified in private agreements.
Tribunal Disposal & Final Award Ruling
The Tribunal modified the Adjudicating Officer's order to rule that after the enforcement of the RERA Act 2016, interest rates for defaults by either the promoter or allottee must be at the prescribed rate (MCLR+1%) rather than higher rates specified in private agreements. Awarded in favor of Appellant. Awarded interest rate: MCLR+1%.
Final Tribunal Order & Ruling Verdict Summary
Official Ruling Summary
The Tribunal modified the Adjudicating Officer's order to rule that after the enforcement of the RERA Act 2016, interest rates for defaults by either the promoter or allottee must be at the prescribed rate (MCLR+1%) rather than higher rates specified in private agreements.
Ruling Awarded To
Appellant
Awarded Interest Rate
MCLR+1%
Statutory Sections Cited (RERA Act 2016)
Appearing Legal Counsel & Advocates
Appellant Advocate(s)
- Amit Yadav
- Bal Kishor Verma
Respondent Advocate(s)
- Azhar Ikram
- Manish Singh
Official RERA Tribunal Orders (1)
The Tribunal modified the Adjudicating Officer's order to rule that after the enforcement of the RERA Act 2016, interest rates for defaults by either the promoter or allottee must be at the prescribed rate (MCLR+1%) rather than higher rates specified in private agreements.
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