BEFORETHE

               MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY
                                         MUMBAI


   1. COMPLAINT NO: CC001000000000058
      Vinod Kumar Sehgal


   2. COMPLAINTNO:CC001000000000059
      Shashikant Nandurdikar
                                                                   Complainants

      Versus


      M/s. ShreePrakash Creative Buildcon J.V.
      MahaRERA Regn. No. P51600007163                              Respondent


Corum:
Shri. Gautam Chatterjee, Chairpersoo MahaRERA

Complainants were themselves present.
Respondent was represented by Mr. Mrunal Pandya, Adv.


                                           Order
                                        July 6,20^18


   1. The Complainants have purchased aparknents in the Respondent's proiect'Le Regalia
      Phase II BLDG E AND F' situated at Nashik via registered agreements for sale. The

      Complainants alleged that the date of possession as stipulated by the said agreements
      is long over and the respondent has failed to hand over the possession till date'
      Therefore, they prayed the Respondent be directed to pay them interest for the delay
      in handing over possession.


   2. In Complaint no: CC001000000000032, MahaRERA has already decided the reasonable
      date for handing over possession as June 30, 2018.


   3. In view of the above facts, the Respondent is liable to pay interest to the Complainants
      from ]uly 1, 2018 till the actual date of possession, on the entire amount paid by the
      Complainants to the Respondent. The said interest shall be at the rate as prescribed

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   under Rule 18 of the Maharashtra ReaI Estate (Regulation and Development)
   (Registration of Real Estate Projects, Regishation of ReaI Estate Agents, Rate of Interest
   and Dirlosures on Website) Rules, 2017.


4. Consequently, the matters are hereby disposed of.

                                                                                Chatterjee)
                                                                                MahaRERA




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