BEFORE THE

                MAHARASHTRA REAL ESTATE REGULATORY AUTHORITY
                                            MUMBAI


   1. COMPLAINT NO: CC001000000000065
       Ujwala Yewale

   2. COMPLAINT NO: CC001000000000064
       Samfu Pradhan
                                                           Compiainants

       Versus


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


Corum:
Shri. Gautam Chatterjee, Chairperson, MahaRERA

Complainant no. 1 was represented by Mr. Sudhir Yewale, Authorised representative.
Compiainant no. 2 did not appear.
Respondent was represented by Mr. Mrunal B. Pandya, Adv.


                                            Order
                                       Augtst 29,2018


   1. The Complainzmts have purchased apartments in the Respondenf s project'Le Regalia
       Phase II BLDG E AND F' sihlated 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 that the Respondent be directed to pay them interest for the
      delay in han.-iing 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 nll the actual date of possessiory on the entire amount paid by the
      Complainants to the Respondent. The said interest shall be at the rate as prescribed
   under Rule 18 of the Maharashtra Real Estate (Regulation and Development)
   (Registration of Real Estate Projects, Registuation of Real Estate Agents, Rate of Interest
   and Disclosures on Website) Rules, 2017.


4. Consequmtly, the matters are hereby disposed of.

                                                                                  Chatterjee)
                                                                                 MahaRERA




                                          2/2